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Jun 30, 2022
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%
Edison
Edison
Forward Guidance
The company reaffirmed its earnings guidance range for 2022.