Loading...
•
Mar 31, 2023
Edison Q1 2023 Earnings Report
Edison International's first quarter results were reported, with GAAP EPS at $0.81 and Core EPS at $1.09.
Key Takeaways
Edison International reported a first-quarter net income of $310 million, or $0.81 per share, compared to $84 million, or $0.22 per share, in the first quarter of 2022. Core earnings were $416 million, or $1.09 per share, compared to core earnings of $407 million, or $1.07 per share, in the first quarter of 2022. The company affirmed its 2023 core EPS guidance range of $4.55-$4.85.
First Quarter 2023 GAAP earnings per share of $0.81; Core EPS of $1.09
Completed significant portion of EIX 2023 financing plan with $500 million junior subordinated notes issuance
Affirmed 2023 EPS guidance of $4.55-$4.85
Long-term EPS growth rate target of 5%-7% for 2021-2025 was affirmed
Forward Guidance
The company affirmed its earnings guidance range for 2023 as summarized in the following chart. See the presentation accompanying the company’s conference call for further information and assumptions.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...