Dec 31, 2022

Edison Q4 2022 Earnings Report

Edison International's Q4 2022 earnings were reported, with GAAP EPS of $1.09 and core EPS of $1.15.

Key Takeaways

Edison International reported a net income of $415 million, or $1.09 per share, for the fourth quarter of 2022. Core earnings were $437 million, or $1.15 per share. The increase in Southern California Edison's core EPS was primarily driven by higher CPUC-related revenue.

Fourth Quarter 2022 GAAP earnings per share of $1.09; Core EPS of $1.15

Full-Year 2022 GAAP EPS of $1.61; Core EPS of $4.63

Edison International declares quarterly dividend of $0.7375 per share; annualized rate of $2.95 per share

EIX initiates 2023 EPS guidance of $4.55–4.85

Total Revenue
$4.02B
Previous year: $3.33B
+20.6%
EPS
$1.15
Previous year: $1.16
-0.9%
Gross Profit
$1.57B
Previous year: $1.35B
+16.6%
Cash and Equivalents
$914M
Previous year: $390M
+134.4%
Free Cash Flow
-$468M
Previous year: -$1.13B
-58.6%
Total Assets
$78B
Previous year: $74.7B
+4.4%

Edison

Edison

Forward Guidance

EIX initiates 2023 EPS guidance of $4.55–4.85