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Recap: Edison Intl Q2 Earnings


Benzinga | Jul 28, 2020 04:34PM EDT

Recap: Edison Intl Q2 Earnings

Shares of Edison Intl (NYSE:EIX) were unchanged in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 36.71% year over year to $1.00, which missed the estimate of $1.16.

Revenue of $2,987,000,000 higher by 6.22% from the same period last year, which missed the estimate of $3,040,000,000.

Guidance

Edison Intl hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 28, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/9gjjfxcc

Recent Stock Performance

52-week high: $78.93

52-week low: $43.63

Price action over last quarter: down 1.04%

Company Overview

Edison International is the parent company of Southern California Edison, an electric utility that supplies power to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.






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