Edison International: Q3 Earnings Snapshot
ROSEMEAD, Calif. (AP) — ROSEMEAD, Calif. (AP) — Edison International (EIX) on Wednesday reported third-quarter profit of $212 million.
On a per-share basis, the Rosemead, California-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs, were $1.38 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
The electric power provider posted revenue of $4.7 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $5.39 billion.
Edison International expects full-year earnings in the range of $4.55 to $4.85 per share.
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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
