Edison International (EIX)
NYSE:EIX
Want to see EIX full AI Analyst Report?
Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.18Last Year’s EPS
0.97Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, regulatory visibility and financial discipline: reaffirmed guidance, a sizable capital plan with clear rate base growth, near‑complete grid hardening milestones, deployment of AI and monitoring tools, and measured financial targets (including no new common equity through 2030). The principal negatives were continued uncertainty around the ultimate cost and timeline of Eaton/wildfire liabilities, ongoing legislative/regulatory risk tied to wildfire reform and the usual seasonal/weather unpredictability. On balance, the positives around earnings stability, capital visibility, safety certifications and technology‑enabled cost savings outweigh the outstanding uncertainties, but management flagged the key areas (WRCP exposure and legislative outcomes) that could materially affect future outcomes.Company Guidance
First Quarter Core EPS and Year‑over‑Year Movement
Core EPS for Q1 2026 was $1.42, an increase of $0.05 year‑over‑year (YoY). Management highlighted that the quarter reflects disciplined execution and steady operational progress.
Affirmed Full‑Year Guidance and Long‑Term Targets
Company reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, reaffirmed multi‑year targets for 2027/2028/2030 and reiterated long‑term core EPS growth target of 5% to 7%.
Capital Plan and Rate Base Growth
SCE's capital plan remains $38 billion to $41 billion for 2026–2030. Management expects SCE rate base compound annual growth of approximately 7% from 2025 to 2030.
No New Common Equity Planned
EIX plans to deliver growth without issuing new common equity through at least 2030. The company has issued roughly $400 million of common equity over the last five years and expects to remain within a 15%–17% FFO‑to‑debt framework.
Wildfire Mitigation Progress and Safety Certification
Planned physical hardening work on distribution system in high‑fire‑risk areas is about 93% complete. In March, the Office of Energy & Infrastructure Safety approved SCE's annual safety certification following an independent assessment of the Wildfire Mitigation Plan.
Grid Hardening Metrics
SCE reported deployment of more than 7,100 miles of covered conductor and nearly 100 miles of undergrounding as part of risk‑reduction efforts.
AI, LiDAR and Monitoring Enhancements
Since 2023 SCE developed/deployed AI/ML models capable of detecting nearly 100 unique object classes and dozens of defect conditions. Company is using LiDAR, satellite imagery and expanded early‑fault detection tools to improve inspections, vegetation management and situational awareness.
Operational Innovation Producing Financial Benefits
An internal AI‑driven proof‑of‑concept to detect electricity usage before billing is expected to yield roughly $25 million in potential unbilled revenue savings over a 3–6 month period once implemented.
Wildfire Recovery Compensation Program (WRCP) Activity
SCE has extended over 1,500 offers totaling over $500 million to community members affected by the Eaton fire. More than 3,100 claims were filed to date, and roughly 18,000 properties qualify for program eligibility.
Major Program Filings — AMI 2.0 and NextGen ERP
SCE filed its AMI 2.0 application in March requesting approximately $3.1 billion of capital through 2033; about half of the AMI capital is already in the current forecast. NextGen ERP is a separate significant stand‑alone application already incorporated in the capital plan.
Financial Discipline and Shareholder Returns
Management emphasized cost discipline, visibility into recovery via resolved 2025 proceedings, commitment to dividend (Board increased dividend ~5%–6% in December) and a stated objective to maintain strong credit metrics.
EIX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EIX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $67.94 | $67.94 | 0.00% |
Feb 18, 2026 | $68.87 | $71.79 | +4.25% |
Oct 28, 2025 | $54.58 | $53.94 | -1.18% |
Jul 31, 2025 | $49.98 | $50.95 | +1.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Edison International (EIX) report earnings?
Edison International (EIX) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Edison International (EIX) earnings time?
Edison International (EIX) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EIX EPS forecast?
EIX EPS forecast for the fiscal quarter 2026 (Q2) is 1.18.