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Recap: Edison Intl Q3 Earnings

Benzinga Insights
·1 min read

Shares of Edison Intl (NYSE:EIX) were flat after the company reported Q3 results.

Quarterly Results

Earnings per share rose 11.33% over the past year to $1.67, which beat the estimate of $1.49.

Revenue of $4,644,000,000 up by 24.14% year over year, which beat the estimate of $3,990,000,000.

Looking Ahead

Edison Intl hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 27, 2020

View more earnings on EIX

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/rdb2iqsb

Recent Stock Performance

Company's 52-week high was at $78.93

52-week low: $43.63

Price action over last quarter: Up 7.59%

Company Overview

Edison International is the parent company of Southern California Edison, an electric utility that supplies power to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.

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