Edison International (NYSE:EIX) Releases Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Edison International (NYSE:EIX) announced its quarterly earnings data on Wednesday. The utilities provider reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.40, FiscalAI reports. Edison International had a return on equity of 13.62% and a net margin of 17.24%.The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.29 billion. During the same period in the prior year, the company earned $1.05 EPS. Edison International updated its FY 2026 guidance to 5.900-6.200 EPS and its FY 2027 guidance to 6.250-6.650 EPS.

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

• Core EPS of $6.55 in 2025 exceeded guidance; the company says it met its 2021–2025 EPS target, provided 2026 guidance of $5.90–$6.20 and 2027 guidance of $6.25–$6.65, reaffirmed 2028 outlook, extended a 5%–7% annual EPS growth target to 2030, and highlighted a ~5% dividend yield with a 10%–12% total return target.
• Edison forecasted a $38–$41 billion capital plan for 2026–2030 (including roughly $1.5B of AMI 2.0 through 2030 and a ~$3B total AMI request), expects ~7% rate-base growth to 2030, sees potential step-up to ~$9B/year in the next GRC cycle, and said it expects no equity needs through 2030 while financing within a 15%–17% FFO-to-debt range.
• SCE said it cannot yet reasonably estimate total losses from the Eaton Fire — there are ~2,300 WRCP claim submissions so far (up to 18,000 eligible properties), about $1.1B of recorded payments/settlements to date, ongoing subrogation and regulatory/legal investigations (including an LA DA inquiry), and the company acknowledged its equipment could have been associated with the ignition.
• Management said 2025 regulatory outcomes (GRC, TKM and Woolsey settlements) materially increased clarity on capital plans and revenue requirements, and it is actively engaging on the SB 254 process to seek a more durable, predictable framework to support long‑term investment and affordability.

Edison International Trading Up 3.8%

EIX stock traded up $2.64 during midday trading on Thursday, hitting $72.34. The stock had a trading volume of 1,144,409 shares, compared to its average volume of 3,185,806. The company has a current ratio of 0.82, a quick ratio of 0.76 and a debt-to-equity ratio of 1.95. The business has a fifty day moving average price of $62.00 and a two-hundred day moving average price of $58.17. Edison International has a 1-year low of $47.73 and a 1-year high of $72.82. The firm has a market cap of $27.84 billion, a P/E ratio of 9.46, a price-to-earnings-growth ratio of 1.05 and a beta of 0.82.

Edison International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 7th will be paid a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, April 7th. Edison International’s dividend payout ratio (DPR) is currently 45.88%.

Institutional Trading of Edison International

Several large investors have recently modified their holdings of EIX. State Street Corp grew its holdings in Edison International by 3.0% in the fourth quarter. State Street Corp now owns 33,141,204 shares of the utilities provider’s stock worth $1,989,135,000 after purchasing an additional 953,800 shares during the period. AQR Capital Management LLC increased its position in Edison International by 69.9% in the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider’s stock valued at $1,097,475,000 after buying an additional 7,521,168 shares in the last quarter. Northern Trust Corp raised its stake in Edison International by 12.3% during the 4th quarter. Northern Trust Corp now owns 6,070,324 shares of the utilities provider’s stock worth $364,341,000 after buying an additional 662,477 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Edison International by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,896,492 shares of the utilities provider’s stock worth $173,847,000 after acquiring an additional 141,035 shares in the last quarter. Finally, Amundi grew its stake in Edison International by 30.1% in the fourth quarter. Amundi now owns 2,857,453 shares of the utilities provider’s stock valued at $171,506,000 after acquiring an additional 660,378 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on EIX shares. Mizuho set a $79.00 price objective on Edison International in a research report on Thursday. Zacks Research downgraded Edison International from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Jefferies Financial Group cut their target price on shares of Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price target on shares of Edison International from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Edison International in a report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $66.50.

Key Stories Impacting Edison International

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

• Positive Sentiment: Q4 results materially beat expectations — EIX reported $1.87 EPS and $5.21B in revenue, well ahead of consensus; management cited higher electricity rates and lower interest costs that improved profit and core earnings. Read More.
• Positive Sentiment: Dividend and shareholder yield — board declared a quarterly dividend of $0.8775 (annualized yield ~4.9%), reinforcing income appeal versus the 30‑year U.S. Treasury and supporting investor demand for the stock. Read More.
• Positive Sentiment: Positive technical and income narrative — coverage pieces highlight the stock near 52‑week highs, +35% y/y performance and a dividend yield above the 30‑year T‑bill, which can attract yield‑seeking investors. Read More.
• Neutral Sentiment: Updated long‑term targets and grid investment plan — management presented a grid investment strategy and is targeting 5–7% EPS growth through 2030 while reaffirming multi‑year outlooks; this supports medium‑term growth assumptions but will require steady regulatory outcomes and capex execution. Read More.
• Neutral Sentiment: Earnings call color and slides available — transcripts and slides provide more detail on wildfire cost recoveries, rate actions and capital program timing; useful for modeling but not an immediate catalyst by itself. Read More.
• Negative Sentiment: FY2026 guidance below some consensus forecasts — EIX set FY2026 EPS guidance at $5.90–$6.20, which lies under the street’s mid‑consensus (~$6.14) and could temper upside if sustained; investors should watch cadence and rate/recovery assumptions going forward. Read More.

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.