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Edison International: 1Q Earnings Snapshot

ROSEMEAD, Calif. (AP) _ Edison International (EIX) on Tuesday reported first-quarter earnings of $308 million.

The Rosemead, California-based company said it had profit of 85 cents per share. Earnings, adjusted for non-recurring gains, came to 63 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The electric power provider posted revenue of $2.82 billion in the period.

Edison International shares have climbed 12% since the beginning of the year, while the Standard & Poor's 500 index has climbed 18%. In the final minutes of trading on Tuesday, shares hit $63.86, a decrease of 2.5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EIX at https://www.zacks.com/ap/EIX