Edison International (NYSE:EIX) Announces Earnings Results, Misses Expectations By $0.03 EPS

Edison International (NYSE:EIX) posted its earnings results on Thursday. The utilities provider reported $1.05 EPS for the quarter, missing the consensus estimate of $1.08 by ($0.03), Zacks reports. Edison International had a return on equity of 13.17% and a net margin of 8.52%. The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $3.92 billion. Edison International updated its FY 2025 guidance to 5.940-6.340 EPS.

Edison International Stock Up 6.0 %

Shares of NYSE:EIX opened at $54.45 on Friday. The company has a market capitalization of $21.08 billion, a PE ratio of 15.97, a P/E/G ratio of 1.07 and a beta of 0.90. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.81 and a current ratio of 0.88. The company’s fifty day moving average is $61.38 and its 200-day moving average is $76.50. Edison International has a 52 week low of $49.06 and a 52 week high of $88.77.

Edison International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, April 7th will be issued a dividend of $0.8275 per share. The ex-dividend date of this dividend is Monday, April 7th. This represents a $3.31 dividend on an annualized basis and a dividend yield of 6.08%. Edison International’s payout ratio is presently 97.07%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. UBS Group raised Edison International from a “neutral” rating to a “buy” rating and cut their price objective for the company from $69.00 to $65.00 in a research note on Tuesday, February 18th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $72.00 price target on shares of Edison International in a research report on Wednesday, February 12th. Guggenheim cut shares of Edison International from a “buy” rating to a “neutral” rating in a research note on Thursday, January 23rd. Barclays lowered their target price on shares of Edison International from $76.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company cut their target price on shares of Edison International from $94.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.75.

About Edison International

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.