Edison International (NYSE:EIX) Announces Quarterly Earnings Results

Key Points

• Edison reported Q1 core EPS of $1.42 (beating consensus by $0.10) with revenue up ~7.7% YoY and updated FY2026 guidance to $5.90–$6.20, while reaffirming its long‑term 5%–7% core EPS growth goal.
• The Wildfire Recovery Compensation Program has issued ~1,500 offers totaling more than $500 million with ~3,100 claims filed, but management cannot yet estimate total liability, leaving material exposure uncertain.
• Edison reiterated a $38B–$41B capital plan for 2026–2030 with an expected ~7% rate‑base CAGR, said it does not expect to issue new common equity through 2030 while targeting a 15%–17% FFO‑to‑debt range, and announced a quarterly dividend that yields 5.2%.

Edison International (NYSE:EIX - Get Free Report) issued its earnings results on Tuesday. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.32 by $0.10, FiscalAI reports. The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.07 billion. Edison International had a net margin of 24.34% and a return on equity of 14.87%. The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.37 earnings per share. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS.

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

• Edison reported first-quarter core EPS of $1.42, reaffirmed 2026 core EPS guidance of $5.90–$6.20 and its long‑term 5%–7% core EPS growth goal, signaling confidence in earnings durability.
• SCE says distribution hardening in high‑fire areas is ~93% complete, received annual safety certification, and is deploying AI, lidar, satellite imagery and early‑fault detection to reduce wildfire risk and improve reliability.
• The Wildfire Recovery Compensation Program has issued ~1,500 offers totaling >$500 million with ~3,100 claims filed, but management cannot yet estimate total liability or final participation, leaving material exposure uncertain.
• EIX reiterated a $38B–$41B capital plan (2026–2030) with expected ~7% rate‑base CAGR and the AMI 2.0 and NextGen ERP programs filed, and said it does not expect to issue new common equity through 2030 while targeting a 15%–17% FFO‑to‑debt range.
• Management is actively engaging on wildfire and affordability legislation after the CEA report and advocates a return to a cost‑of‑service framework, but timing and scope of legislative outcomes — and potential effects on cost of capital — remain uncertain.

Edison International Stock Down 0.7%

Edison International stock opened at $68.06 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.68 and a debt-to-equity ratio of 1.92. Edison International has a 1-year low of $47.73 and a 1-year high of $76.21. The company has a fifty day simple moving average of $72.14 and a 200 day simple moving average of $64.09. The company has a market cap of $26.20 billion, a P/E ratio of 5.89, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77.

Edison International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 7th will be issued a dividend of $0.8775 per share. The ex-dividend date is Tuesday, April 7th. This represents a $3.51 annualized dividend and a yield of 5.2%. Edison International's dividend payout ratio is presently 30.36%.

Insider Transactions at Edison International

In related news, Director Peter J. Taylor sold 500 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $75.30, for a total transaction of $37,650.00. Following the completion of the transaction, the director directly owned 34,212 shares of the company's stock, valued at approximately $2,576,163.60. This represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Edison International

Several large investors have recently modified their holdings of EIX. AQR Capital Management LLC boosted its holdings in shares of Edison International by 69.9% during the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider's stock worth $1,097,475,000 after buying an additional 7,521,168 shares during the period. Man Group plc raised its holdings in Edison International by 109.6% in the 2nd quarter. Man Group plc now owns 2,314,124 shares of the utilities provider's stock valued at $119,409,000 after acquiring an additional 1,209,964 shares during the period. State Street Corp lifted its position in Edison International by 3.0% during the fourth quarter. State Street Corp now owns 33,141,204 shares of the utilities provider's stock worth $1,989,135,000 after acquiring an additional 953,800 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Edison International by 60.4% during the fourth quarter. Russell Investments Group Ltd. now owns 1,979,438 shares of the utilities provider's stock worth $119,025,000 after acquiring an additional 745,395 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Edison International by 12.3% during the fourth quarter. Northern Trust Corp now owns 6,070,324 shares of the utilities provider's stock worth $364,341,000 after acquiring an additional 662,477 shares during the period. 88.95% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EIX has been the subject of several research analyst reports. LADENBURG THALM/SH SH reissued a "sell" rating and issued a $63.00 price target on shares of Edison International in a report on Thursday, March 5th. Mizuho set a $79.00 price objective on Edison International in a research note on Thursday, February 19th. Barclays lifted their target price on Edison International from $67.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. TD Cowen increased their price target on Edison International from $71.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Finally, Jefferies Financial Group dropped their price target on Edison International from $59.00 to $54.00 and set a "hold" rating on the stock in a research report on Wednesday, January 28th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Edison International presently has an average rating of "Hold" and a consensus price target of $72.82.

Edison International News Roundup

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

• Positive Sentiment: Core earnings and revenue grew year-over-year: adjusted (core) EPS was $1.42 and revenue rose ~7.7% YoY, showing underlying operational improvement. EIX Surpasses Q1 Estimates
• Positive Sentiment: Higher electricity rates supported profit growth this quarter, a structural tailwind for utility margins and near-term revenue. Reuters: Profit Growth on Rising Rates
• Positive Sentiment: Management reiterated its core EPS growth outlook for 2026, which supports medium-term earnings visibility. TipRanks: Affirms 2026 Outlook
• Neutral Sentiment: Different outlets frame the EPS result differently: some outlets report the $1.42 as a beat vs certain consensus figures, while others note it missed a higher Street consensus, creating mixed headlines that can amplify intraday volatility. MarketBeat: Q1 Release & Call
• Negative Sentiment: FY‑2026 EPS guidance was set at $5.90–$6.20, slightly below the consensus (~$6.11), which likely drove downward pressure as investors adjust forward valuations. Press Release / Guidance
• Negative Sentiment: Reported GAAP net income fell substantially YoY (net income and EPS were lower vs the prior-year quarter), a reminder of volatility from one-time items and rate/timing effects that can compress near-term profitability metrics. BusinessWire: Q1 Results

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE's integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company's operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company's activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.