Tue Oct 29 22:40:22 UTC 2024: ## Edison International Surpasses Earnings Expectations in Q3
**Los Angeles, CA -** Edison International (EIX) reported strong third-quarter earnings, exceeding analysts’ predictions and demonstrating significant growth compared to the same period last year.
The company recorded a net income of $516 million, translating to $1.32 per share. This marks a substantial increase from the $155 million, or $0.40 per share, reported in the third quarter of 2023.
Excluding special items, Edison International achieved adjusted earnings of $582 million, or $1.51 per share. This surpassed analysts’ consensus estimate of $1.38 per share.
Revenue for the quarter also saw a positive surge, rising 10.6% to $5.201 billion compared to $4.702 billion in the previous year.
Edison International has projected full-year earnings per share to be between $4.80 and $5.00.
The strong performance of the company reflects its positive trajectory and robust financial standing.