Edison International reported strong first-quarter 2026 results, with adjusted earnings of $1.42 per share, surpassing Zacks Consensus Estimates by 7.6%, and operating revenues reaching $4.1 billion, a 7.6% increase year-over-year. However, Morgan Stanley has lowered its price target from $71 to $70, citing concerns over wildfire liabilities and regulatory challenges in California. Despite the cut, Edison maintains a long-term growth forecast of 5-7% for core earnings per share through 2030.
“Edison (EIX) · reported · quarterly print · mixed”
“Edison (EIX) · expects · core EPS growth · 5-7% from 2025-2030”
“Edison (EIX) · expects · rate base compound annual growth · approximately 7% from 2025 to 2030”
“Edison International · reported first-quarter operating revenues · totaled · $4.1 billion”
“Edison International · beat · Zacks Consensus Estimate · of $3.99 billion”
“Edison International · top line increased · from year-ago quarter’s figure · 7.6%”
“Edison International · has an annual dividend yield of · 5.10% · 5.10%”
“Morgan Stanley · lowered its price target on Edison International to · $70 · $70”
“Edison International · operates as · an electric utility holding company · an electric utility holding company”
“Edison International · came out with quarterly earnings of · $1.42 per share · beating the Zacks Consensus Estimate of $1.32 per share”
“Edison International · posted revenues of · $4.1 billion · surpassing the Zacks Consensus Estimate by 2.79%”
“Edison International · has surpassed consensus EPS estimates · four times · over the last four quarters”
