Edison Intl Earnings Preview
Portfolio Pulse from Benzinga Insights
Edison Intl (NYSE:EIX) is scheduled to release its quarterly earnings report on February 22, 2024. Analysts predict an EPS of $1.16. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter missing EPS estimates by $0.11, leading to a 0.53% drop in share price. Shares are currently trading at $66.54, with a 2.61% increase over the last 52 weeks. Investors are looking for positive guidance for the next quarter.
February 21, 2024 | 5:02 pm
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POSITIVE IMPACT
Edison Intl is expected to report an EPS of $1.16 for the upcoming earnings, with a focus on future guidance. The stock has seen a 2.61% increase over the last year, indicating a positive trend.
Given the anticipation of positive guidance and a history of mixed reactions to past earnings, EIX could see a positive short-term impact if it meets or exceeds EPS estimates and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100