Edison Intl Q2 2024 Adj EPS $1.23 Beats $1.06 Estimate, Sales $4.336B Beat $4.097B Estimate
Portfolio Pulse from Benzinga Newsdesk
Edison International (NYSE:EIX) reported Q2 2024 adjusted EPS of $1.23, beating the estimate of $1.06. Sales were $4.336 billion, surpassing the $4.097 billion estimate and showing a 9.38% increase from the same period last year.
July 25, 2024 | 8:08 pm
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Edison International (NYSE:EIX) reported Q2 2024 adjusted EPS of $1.23, beating the estimate of $1.06 by 16.04%. Sales were $4.336 billion, surpassing the $4.097 billion estimate and showing a 9.38% increase from the same period last year.
EIX's strong earnings and revenue performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The 9.38% YoY increase in sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100