StockWatch
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Electric Utilities: Central
Quarterly ResultJul 30, 2026, 04:15 PM

Edison International Q2 Core Earnings Up $218M to $592M

AI Summary

Edison International reported a significant increase in core earnings for the second quarter of 2026, rising by $218 million to $592 million, primarily driven by SCE's improved performance. Net income also saw a substantial increase to $534 million. The company completed the disposition of Trio, resulting in $36 million in losses for the first half of the year. However, the company faces ongoing financial implications from the Eaton Fire, with $1.6 billion in recorded losses and ongoing litigation, though significant recoveries are expected from self-insurance and the Wildfire Fund.

Key Highlights

  • Edison International Q2 2026 core earnings increased by $218 million to $592 million.
  • SCE's Q2 2026 core earnings increased by $198 million to $672 million.
  • Edison International Q2 2026 net income increased by $191 million to $534 million.
  • Edison International completed the disposition of Trio, incurring $36 million in losses for H1 2026.
  • SCE recorded $1.6 billion in losses for Eaton Fire settlements as of June 30, 2026.
  • SCE expects $917 million in recoveries from self-insurance and $645 million from Wildfire Fund for Eaton Fire.
  • Total capital expenditures for H1 2026 remained stable at $3.1 billion.