Edison Q2 2022 Earnings Report

Reported second quarter 2022 financial results.

Key Takeaways

Edison International reported second quarter 2022 net income of $241 million, or $0.63 per share, compared to net income of $318 million, or $0.84 per share, in the second quarter of 2021. As adjusted, second quarter 2022 core earnings were $357 million, or $0.94 per share, compared to core earnings of $356 million, or $0.94 per share, in the second quarter of 2021.

Second Quarter 2022 GAAP earnings per share of $0.63; Core EPS of $0.94

Installed more than 3,500 circuit miles of covered conductor to-date, just 3.5 years after initiating program

Reaffirms 2022 EPS guidance of $4.40–4.70.

Reiterates long-term EPS growth rate target of 5–7%

Total Revenue

$4.01B

Previous year: $3.32B