Edison International (NYSE:EIX) Posts Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Edison International (NYSE:EIX) announced its quarterly earnings data on Thursday. The utilities provider reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.11, FiscalAI reports. The company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $5.34 billion. Edison International had a net margin of 20.50% and a return on equity of 14.27%. The firm’s revenue for the quarter was down 15.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.34 EPS.

Here are the key takeaways from Edison International’s conference call:

• 2026 earnings guidance reaffirmed: Third-quarter core EPS was $1.92, bringing year-to-date EPS to $4.89, and Edison maintained its $5.90–$6.20 full-year range, along with its 2027–2028 outlook and 5%–7% long-term growth target.
• Management said the lack of durable California wildfire reform is raising financing costs and could constrain future investment. Elevated credit spreads could add approximately $300 million to customers’ costs on SCE debt expected to be issued in 2027, while a credit downgrade could further pressure capital spending and affordability.
• Los Angeles County concluded that SCE equipment caused the Eaton Fire ignition, increasing potential liability exposure, although management maintains it can demonstrate prudence and sees no basis for felony liability or conscious and willful disregard. The company said it still cannot reliably estimate potential reserves because litigation, claims, subrogation, and regulatory processes remain unresolved.
• SCE reported continued progress on grid safety, including hardening about 90% of its distribution system in high-fire-risk areas and installing more than 7,200 miles of covered conductor. Its 2026–2030 plan calls for approximately $38 billion–$41 billion of capital investment, supporting roughly 7% rate-base growth through 2030.
• The Wildfire Recovery Compensation Program has generated more activity, with SCE extending more than 3,200 offers totaling about $1.1 billion, but the November 30 deadline and upcoming legal claims deadlines are unlikely by themselves to provide enough information to estimate total Eaton Fire costs.

Edison International Stock Performance

NYSE:EIX traded down $0.46 during trading hours on Friday, reaching $58.92. The company had a trading volume of 4,434,935 shares, compared to its average volume of 4,622,462. The firm has a market cap of $22.67 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 2.51 and a beta of 0.62. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The firm’s 50 day moving average price is $57.77 and its 200-day moving average price is $67.72. Edison International has a 52 week low of $51.10 and a 52 week high of $81.62.

Edison International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Wednesday, October 7th will be given a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International’s payout ratio is 37.30%.

Insider Buying and Selling at Edison International

In other news, Director Peter Taylor sold 500 shares of the firm’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $55.56, for a total value of $27,780.00. Following the transaction, the director directly owned 33,212 shares in the company, valued at $1,845,258.72. This trade represents a 1.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is owned by insiders.

Key Headlines Impacting Edison International

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
• Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
• Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
• Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
• Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
• Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
• Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings

Analyst Ratings Changes

A number of analysts have commented on the company. Jefferies Financial Group lowered Edison International from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $53.00 to $42.00 in a report on Friday, October 2nd. The Goldman Sachs Group set a $67.00 price target on Edison International in a report on Thursday, October 15th. Truist Financial dropped their price objective on Edison International from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. Wells Fargo & Company dropped their price objective on Edison International from $62.00 to $59.00 and set an “underweight” rating on the stock in a research report on Friday. Finally, Bank of America downgraded Edison International from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $81.00 to $51.00 in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Edison International has a consensus rating of “Reduce” and a consensus target price of $60.73.

Edison International Company Profile

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.