EIX Stock Recent News
EIX LATEST HEADLINES
High-yield utilities stocks are an essential addition to an investor's portfolio because they provide exposure to an industry with reliable returns. Companies that offer electricity generation services are vital for a growing society and are beginning to expand into more renewable sources such as geothermal, wind, solar and hydroelectric power.
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Edison (EIX) continues to reward shareholders through dividend hikes. It has been increasing dividends for 20 consecutive years.
New Exchange Preferred Stock And Traded Debt IPOs, November 2023
If you're like millions of other retail investors, you've got whiplash from the past few months. Markets fluctuated as traders assessed economic news, consumer sentiment and stock prices.
Edison International's (EIX) third-quarter revenues of $4,702 million miss the Zacks Consensus Estimate by 12.8%. The top line also declines 10.1% from the year-ago quarter's level.
Let's focus on utilities like NI, ETR, AWK, DTE and EIX, scheduled to release their third-quarter earnings on Nov 1.
Edison International's (EIX) Q3 results are likely to reflect mixed weather pattern impact along with higher interest rate expenses.
Renewable energy stocks are in a slump. An ongoing emphasis on common sense sustainability, interest rates, and increased bond yields are putting pressure on the most promising long-term renewable energy stocks.
Edison International is investing heavily in transmission line upgrades to greatly lessen the likelihood of recurrence of past wildfire events attributed to sparks from transmission lines. These capital expenditures are able to be included in Edison International tariff calculations and therefore will contribute an increase in future revenues. The company is mostly financing these capital expenditures with increased net debt, increasing financial risk, offset by reduced exposure to catastrophic risks, and increased revenues from an increased rate base.