Edison International (NYSE:EIX) Issues Quarterly Earnings Results

Edison International (NYSE:EIX) announced its quarterly earnings data on Thursday. The utilities provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.81 by $0.11, FiscalAI reports. Edison International had a net margin of 20.30% and a return on equity of 15.53%. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $5.34 billion. During the same quarter in the previous year, the firm posted $2.34 earnings per share. The company’s revenue for the quarter was down 15.0% on a year-over-year basis.

Here are the key takeaways from Edison International’s conference call:

• 2026 earnings guidance reaffirmed: Third-quarter core EPS was $1.92, bringing year-to-date EPS to $4.89, and Edison maintained its $5.90–$6.20 full-year range, along with its 2027–2028 outlook and 5%–7% long-term growth target.
• Management said the lack of durable California wildfire reform is raising financing costs and could constrain future investment. Elevated credit spreads could add approximately $300 million to customers’ costs on SCE debt expected to be issued in 2027, while a credit downgrade could further pressure capital spending and affordability.
• Los Angeles County concluded that SCE equipment caused the Eaton Fire ignition, increasing potential liability exposure, although management maintains it can demonstrate prudence and sees no basis for felony liability or conscious and willful disregard. The company said it still cannot reliably estimate potential reserves because litigation, claims, subrogation, and regulatory processes remain unresolved.
• SCE reported continued progress on grid safety, including hardening about 90% of its distribution system in high-fire-risk areas and installing more than 7,200 miles of covered conductor. Its 2026–2030 plan calls for approximately $38 billion–$41 billion of capital investment, supporting roughly 7% rate-base growth through 2030.
• The Wildfire Recovery Compensation Program has generated more activity, with SCE extending more than 3,200 offers totaling about $1.1 billion, but the November 30 deadline and upcoming legal claims deadlines are unlikely by themselves to provide enough information to estimate total Eaton Fire costs.

Edison International Stock Performance

Shares of EIX stock opened at $59.27 on Friday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The firm’s 50 day moving average price is $58.08 and its 200-day moving average price is $67.73. Edison International has a one year low of $51.10 and a one year high of $81.62. The firm has a market cap of $22.81 billion, a P/E ratio of 6.11, a P/E/G ratio of 2.49 and a beta of 0.62.

Edison International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th will be issued a dividend of $0.8775 per share. The ex-dividend date is Wednesday, October 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.9%. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Truist Financial decreased their target price on shares of Edison International from $63.00 to $62.00 and set a “hold” rating on the stock in a research report on Monday, October 12th. Jefferies Financial Group lowered Edison International from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $53.00 to $42.00 in a research note on Friday, October 2nd. Argus cut shares of Edison International from a “buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Mizuho cut shares of Edison International from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $86.00 to $70.00 in a research report on Monday, August 31st. Finally, The Goldman Sachs Group set a $67.00 target price on shares of Edison International in a report on Thursday, October 15th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $60.58.

Insider Activity at Edison International

In related news, Director Peter Taylor sold 500 shares of the business’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the completion of the transaction, the director directly owned 33,212 shares of the company’s stock, valued at $1,845,258.72. The trade was a 1.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by company insiders.

Edison International News Summary

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Edison International reported adjusted earnings of $1.92 per share, exceeding analyst estimates of $1.81–$1.83. The company also reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, reducing the risk of a near-term outlook cut. Earnings Flash: Edison International Posts Q3 Adjusted EPS
• Positive Sentiment: The utility outlined a substantial $38 billion to $41 billion capital-expenditure plan, signaling continued investment in its infrastructure and potential long-term rate-base growth. Management is also advocating for wildfire-liability reform, which could improve the company’s risk profile if approved. Edison Reaffirms Guidance Amid Wildfire Reform Push
• Neutral Sentiment: Third-quarter net income was reported at approximately $724 million. The results and earnings-call commentary reinforce management’s current strategy, but investors are likely to focus more on wildfire exposure and regulatory developments than on the quarterly beat alone. Edison International Reports Third Quarter 2026 Results
• Negative Sentiment: Revenue of $4.89 billion missed the $5.34 billion consensus estimate and declined 15% from the prior-year quarter. EPS also fell from $2.34 a year earlier, indicating that the strong quarterly beat does not represent year-over-year earnings growth. Edison International Surpasses Q3 Earnings Estimates
• Negative Sentiment: Stalled wildfire-liability reform and claims related to the Eaton Fire continue to weigh on sentiment. The unresolved liability framework could increase financial exposure and limit the valuation recovery investors might otherwise expect from the earnings beat. Edison International Versus California Utilities

About Edison International

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.