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Sep 30, 2024
Edison Q3 2024 Earnings Report
Reported net income and core earnings increased year-over-year, and full-year core EPS guidance was narrowed.
Key Takeaways
Edison International reported a strong third quarter with increased net income and core earnings. The company narrowed its 2024 core EPS guidance to $4.80-$5.00 and reiterated its long-term core EPS growth rate targets.
Third-quarter GAAP EPS was $1.33; Core EPS was $1.51.
Significant progress was made in resolving legacy wildfires, including a settlement agreement on TKM.
A cost recovery application on Woolsey Fire was filed with the CPUC.
The 2024 core EPS guidance was narrowed to $4.80-$5.00.
Forward Guidance
The company narrowed its earnings guidance range for 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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