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Edison International (EIX) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.13 per share a year ago.
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported first-quarter net income of $1,436 million, or $3.73 per share, compared to a net loss of $11 million, or $0.03 per share, in the first quarter of last year. As adjusted, first-quarter core earnings were $528 million, or $1.37 per share, compared to core earnings of $438 million, or $1.13 per share, in the first quarter of last year. Southern California Edison's first-quarter 2025 core earnings per share (EPS) in.
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Southern California Edison and Edison International preferreds are undervalued due to wildfire liability uncertainties, but offer upside as issues resolve. Liability for the LA wildfires is likely capped at $1B due to AB 1054, with the wildfire fund covering additional costs. SCE preferreds are structurally senior to EIX preferreds, offering safer investment options with attractive yields and potential for full recovery in bankruptcy.
ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Southern California Edison today declared the following dividends: A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II's 5.10% Trust Preference Securities A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV's 5.375% Trust Preference Securities A quarterly dividend on the Se.
Edison International (EIX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LOS ANGELES, April 22, 2025 /PRNewswire/ -- Today the Honorable Jay C. Gandhi (Ret.) announced he has joined the existing legal team of Robertson & Associates, LLP and Foley Bezek Behle & Curtis, LLP in their mass tort lawsuits against the City of Los Angeles Department of Water and Power (LADWP) to hold it responsible for the property damage and personal injuries suffered by thousands of victims of the Palisades Fire. The Palisades Fire began January 7, 2025 and is the worst urban conflagration in the City's history, having destroyed and/or damaged 7,810 homes and businesses in Pacific Palisades and Malibu. Tragically, 12 civilians were killed in the inferno. This legal team currently represents over 750 homeowners and business owners whose properties were destroyed by the fire and has filed 12 lawsuits so far, with more coming, against LADWP. PRESS CONFERENCE: A press conference will be held on Tuesday, April 22nd at 10:00 a.m. in front of Judge Gandhi's burned-down home located at 1
Investors can contact the law firm at no cost to learn more about recovering their losses
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Edison International (“Edison” or “the Company”) (NYSE: EIX) and certain of its officers.
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Edison International (NYSE: EIX) between February 25, 2021 and February 6, 2025, both dates inclusive (the “Class Period”), of the important April 21, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.