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Edison International: Q2 Earnings Snapshot
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ROSEMEAD, Calif. (AP) — ROSEMEAD, Calif. (AP) — Edison International (EIX) on Thursday reported second-quarter net income of $561 million.

On a per-share basis, the Rosemead, California-based company said it had net income of $1.38. Earnings, adjusted for non-recurring costs, were $1.54 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The electric power provider posted revenue of $4.36 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $4.72 billion.

Edison International expects full-year earnings in the range of $5.90 to $6.20 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EIX at https://www.zacks.com/ap/EIX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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