Edison Intl Q4 2023 Adj EPS $1.28 Beats $1.16 Estimate
Portfolio Pulse from Benzinga Newsdesk
Edison Intl (EIX) reported Q4 2023 adjusted earnings per share (EPS) of $1.28, surpassing the analyst consensus estimate of $1.16 by 10.34%.
February 22, 2024 | 9:06 pm
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Edison Intl reported a Q4 2023 adjusted EPS of $1.28, exceeding the consensus estimate of $1.16 by 10.34%.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. The significant beat of 10.34% indicates strong performance by Edison Intl, likely leading to increased investor confidence and potential stock price appreciation.
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