Edison International reports Q2 EPS 97c, consensus 88c

Reports Q2 revenue $4.54B, consensus $4.20B. “We are encouraged by the continuing discussions with legislative leaders to enhance California’s industry-leading AB 1054 regulatory framework,” said Pedro J. Pizarro, president and CEO of Edison International (EIX). “We remain confident that policymakers will act to strengthen and restore confidence in California’s wildfire framework during the current legislative session. The January wildfires underscore the importance of mitigation plans and the need for continuous and evolving tools to maintain infrastructure resiliency. SCE continues to invest in new and innovative solutions to reduce wildfire risk.”