Quarterly ResultJul 30, 2026, 04:14 PM
Edison International Q2 Core EPS $1.54; Reaffirms 2026 Guidance
AI Summary
Edison International reported strong second-quarter 2026 financial results, with GAAP EPS of $1.39 and core EPS of $1.54, significantly higher than the prior year. The company reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and reiterated its long-term core EPS growth target of 5-7% from 2025-2030. Operational highlights included continued progress in wildfire mitigation efforts, with substantial deployment of covered conductors and undergrounding, and the extension of over $775 million in offers through its Wildfire Recovery Compensation Program.
Key Highlights
- Q2 2026 GAAP EPS was $1.39, up from $0.89 in Q2 2025.
- Q2 2026 core EPS was $1.54, up from $0.97 in Q2 2025.
- Net income for Q2 2026 was $534 million, compared to $343 million in Q2 2025.
- Reaffirmed 2026 core EPS guidance range of $5.90 to $6.20.
- Maintained confidence in 5-7% core EPS growth from 2025-2030.
- SCE's Q2 2026 core EPS increased due to the 2025 GRC final decision.
- Extended over 2,200 Wildfire Recovery Compensation Program offers totaling over $775 million.
- Deployed about 800 miles of covered conductor and 90 miles of undergrounding since Jan 2025.
Price Impact
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