NYSE$EIX

Edison International · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Edison International's first quarter earnings decreased compared to the previous year, but core earnings remained consistent. The company reaffirmed its full-year earnings guidance and emphasized its focus on customer support, employee safety, and wildfire mitigation.

Edison International reported a decrease in net income for Q1 2020 compared to Q1 2019, but core earnings remained the same. The company reaffirmed its 2020 earnings guidance and highlighted its commitment to customer support, employee safety, and wildfire risk mitigation.

  • Edison International reported Q1 2020 net income of $183 million, or $0.50 per share, compared to $278 million, or $0.85 per share, in Q1 2019.
  • Core earnings for Q1 2020 were $228 million, or $0.63 per share, consistent with Q1 2019 core earnings of $206 million, or $0.63 per share.
  • Southern California Edison's (SCE) Q1 2020 net income was $219 million, or $0.60 per share, lower than Q1 2019's $293 million, or $0.90 per share.
  • The company reaffirmed its 2020 earnings guidance, with a basic EPS range of $4.19 to $4.49 and a core EPS range of $4.32 to $4.62.

Headline financials

Total Revenue

$2.79B

Previous: $2.82B-1.2%
EPS (adj)

$0.63

Previous: $0.63+0.0%
Weighted Avg Shares

363.0M

No prior period
Capital Expenditures

-$1.27B

Previous: -$1.07B-18.1%
Free Cash Flow

-$1.09B

Previous: -$796M-36.3%
Net Income

$183M

Previous: $278M-34.2%
Operating Income

$302M

Previous: $352M-14.2%
Gross Profit

$2.79B

Previous: $2.82B-1.2%
Cash & Equivalents

$1.34B

Previous: $328M+307.6%
Total Assets

$66B

Previous: $58.8B+12.3%

Revenue & EPS history

Edison · Revenue · Quarterly

$2.79B

Q1 2020-1.2%vs Q1 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

Edison International reaffirmed its earnings guidance range for 2020, with a basic EPS range of $4.19 to $4.49 and a core EPS range of $4.32 to $4.62.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.1%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+1.2%

Avg return

30 days after

56%

40 / 71 earnings

Positive

+6.9%

Q2 2022

Best reaction

-9.6%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+1.6%+3.0%
Q4 2025+2.1%+7.9%+0.1%
Q3 2025-1.2%-3.0%+5.1%
Q1 2025-8.9%-6.5%-5.2%
Q4 2024+6.0%+7.5%+13.3%
Q3 2024-1.5%-4.0%+4.6%
Q2 2024+3.2%+4.4%+11.5%
Q1 2024-0.1%+1.4%+4.7%
Q4 2023+0.5%-0.4%+2.4%
Q3 2023+0.9%+1.3%+7.0%
Q2 2023+1.2%-1.5%-3.0%
Q1 2023-3.1%-0.5%-9.8%
Q4 2022+3.7%+0.0%+3.3%
Q3 2022-2.1%-1.7%+9.1%
Q2 2022+6.9%+8.3%+9.3%
Q1 2022+3.6%+3.5%+3.6%
Q4 2021+5.6%+7.8%+16.6%
Q3 2021-0.8%+1.2%+3.5%
Q2 2021-4.1%-2.5%+1.2%
Q1 2021-0.8%+1.0%-5.9%
Q4 2020-4.4%-2.8%+7.5%
Q3 2020-2.8%-3.7%+9.5%
Q2 2020+1.2%+4.7%-2.7%
Q1 2020-7.8%-6.6%-3.7%
Q4 2019-9.6%-8.1%-25.5%
Q3 2019-3.7%+1.6%+8.2%
Q2 2019-0.1%-1.1%+1.5%
Q1 2019-4.8%-4.3%-5.7%
Q4 2018+1.2%+3.1%+2.2%
Q3 2018+0.4%-1.8%-20.8%
Q2 2018-0.5%-0.3%+0.9%
Q1 2018-2.9%-2.8%-5.1%
Q4 2017+5.2%+3.0%+5.2%
Q3 2017+0.6%+0.1%+2.4%
Q2 2017-0.8%-0.0%+2.3%
Q1 2017-1.1%-0.3%+2.0%
Q4 2016+1.1%+3.3%+5.0%
Q3 2016-3.8%-4.3%-6.7%
Q2 2016+1.8%+0.7%-5.4%
Q1 2016+1.4%
Q4 2015+5.6%
Q3 2015-5.9%
Q2 2015+1.6%
Q1 2015+1.6%
Q4 2014-0.9%
Q3 2014+0.8%
Q2 2014+0.3%
Q1 2014-0.8%
Q4 2013+1.0%
Q3 2013-0.5%
Q2 2013-1.0%
Q1 2013-2.8%
Q4 2012+2.8%
Q3 2012-0.5%
Q2 2012-3.9%
Q1 2012+0.3%
Q4 2011+1.9%
Q3 2011+2.8%
Q2 2011-5.0%
Q1 2011+1.2%
Q4 2010+3.3%
Q3 2010+3.0%
Q2 2010+0.6%
Q1 2009+3.9%
Q1 2010-0.6%
Q4 2007+1.8%
Q3 2009+5.3%
Q3 2008+5.3%
Q4 2008+1.7%
Q2 2008+1.7%
Q2 2009+1.7%

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