Edison International (NYSE:EIX) Posts Earnings Results, Beats Expectations By $0.36 EPS

Edison International (NYSE:EIX) issued its quarterly earnings results on Thursday. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36, FiscalAI reports. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.82 billion. Edison International had a net margin of 20.30% and a return on equity of 15.65%. The business’s revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.97 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:

• Second-quarter core EPS rose to $1.54 from $0.97 a year earlier, and Edison reaffirmed its 2026 core EPS guidance of $5.90–$6.20 and long-term growth target of 5%–7%.
• SCE completed approximately $2 billion of Woolsey Fire cost-recovery securitization, with proceeds expected to fund claims, retire related debt, and strengthen the balance sheet.
• Wildfire mitigation remains a major investment priority, with about 90% of distribution lines in high-fire-risk areas hardened; the next plan preliminarily includes roughly 450 miles of covered conductor and 190 miles of targeted undergrounding.
• SCE has extended more than 2,200 Eaton Fire compensation offers totaling over $775 million, but management said it still lacks enough claims and settlement data to estimate the low end of potential liability under GAAP.
• The outcome of California wildfire-reform legislation remains uncertain, and management warned that an insufficiently predictable or financeable framework could raise borrowing and equity costs, potentially affecting future capital deployment and customer affordability.

Edison International Stock Performance

NYSE EIX traded down $5.43 during trading hours on Friday, hitting $73.30. The company had a trading volume of 6,186,636 shares, compared to its average volume of 2,179,166. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98. The firm has a market cap of $28.21 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 6.12 and a beta of 0.66. Edison International has a fifty-two week low of $51.01 and a fifty-two week high of $81.62. The business has a fifty day simple moving average of $74.33 and a 200-day simple moving average of $71.01.

Edison International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th were given a $0.8775 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $3.51 annualized dividend and a yield of 4.8%. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Institutional Trading of Edison International

A number of large investors have recently modified their holdings of EIX. UMB Bank n.a. lifted its holdings in Edison International by 5.3% in the fourth quarter. UMB Bank n.a. now owns 3,169 shares of the utilities provider’s stock valued at $190,000 after buying an additional 159 shares during the period. Empowered Funds LLC grew its holdings in Edison International by 2.4% during the 1st quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after acquiring an additional 211 shares during the period. Quadrant Capital Group LLC raised its position in shares of Edison International by 10.7% during the 4th quarter. Quadrant Capital Group LLC now owns 2,528 shares of the utilities provider’s stock valued at $152,000 after acquiring an additional 244 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of Edison International by 6.3% during the 4th quarter. Wedbush Securities Inc. now owns 4,244 shares of the utilities provider’s stock valued at $255,000 after acquiring an additional 251 shares during the last quarter. Finally, BOKF NA lifted its stake in shares of Edison International by 3.2% in the 3rd quarter. BOKF NA now owns 8,378 shares of the utilities provider’s stock valued at $463,000 after purchasing an additional 257 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

Analyst Upgrades and Downgrades

EIX has been the subject of several research analyst reports. Seaport Research Partners downgraded shares of Edison International from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. JPMorgan Chase & Co. lifted their price target on Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Morgan Stanley reissued an “underweight” rating and issued a $69.00 price objective on shares of Edison International in a report on Wednesday, July 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Edison International in a research note on Monday, July 13th. Finally, Truist Financial reduced their target price on Edison International from $82.00 to $79.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $73.00.

Key Headlines Impacting Edison International

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

• Positive Sentiment: Second-quarter adjusted core EPS was $1.54, up from $0.97 a year earlier and above the approximately $1.02–$1.18 consensus range. Net income reached $534 million, while management reaffirmed full-year 2026 core EPS guidance of $5.90–$6.20. Edison International Reports Second Quarter 2026 Results
• Positive Sentiment: Southern California Edison outlined plans to install approximately 450 miles of covered conductor, supporting wildfire mitigation efforts and potentially reducing future operational risk. Edison reaffirms 2026 core EPS guidance
• Neutral Sentiment: Analyst price targets remain mixed, with a reported median target of $77.50. Institutional positioning was also divided in the latest quarter, with 539 investors adding shares and 390 reducing holdings.
• Negative Sentiment: Quarterly revenue fell 4.1% year over year to $4.36 billion, below the roughly $4.82 billion analyst expectation. The revenue shortfall overshadowed the EPS beat and raised concerns about the quality and durability of earnings growth. Edison International Q2 earnings surpass estimates, revenues miss
• Negative Sentiment: Wildfire litigation remains the largest valuation overhang. Southern California Edison has reported roughly 2,000 Eaton Fire lawsuits involving about 30,000 plaintiffs, while Edison has said it cannot yet reasonably estimate potential losses. Edison International slides as earnings miss adds to wildfire overhang
• Negative Sentiment: At least one analyst moved to a less bullish stance, adding to pressure on the stock after the earnings release. Edison International analyst downgrade

Edison International Company Profile

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.