StockNews.AI
EIX
StockNews.AI
173 days

Edison International Reports Fourth-Quarter and Full-Year 2024 Results

1. Edison International reported lower Q4 net income and core earnings year-over-year. 2. Net income fell to $340 million, impacting investor sentiment.

Earnings
+6.04%Current Return
VS
+1.56%S&P 500
$51.3402/27 04:50 PM EDTEvent Start
$54.4402/28 11:08 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The decline in both net income and core earnings indicates weaker performance. Historical examples show that such declines often lead to negative stock price reactions.

How important is it?

The quarter-over-quarter decline in earnings is a significant indicator of the company's performance and can affect investor confidence.

Why Short Term?

Investors typically react quickly to quarterly earnings, causing immediate stock price impact. Previous quarterly reports have shown similar short-term downturns following poor earnings.

Related Companies

SCGNEE
ROSEMEAD, Calif.--(BUSINESS WIRE)--Edison International (NYSE: EIX) today reported fourth-quarter net income of $340 million, or $0.88 per share, compared to net income of $378 million, or $0.99 per share, in the fourth quarter of last year. As adjusted, fourth-quarter core earnings were $405 million, or $1.05 per share, compared to core earnings of $490 million, or $1.28 per share, in the fourth quarter of last year. Southern California Edison's fourth-quarter 2024 core earnings per share (EPS.

Related News