NYSE$EIX

Edison International · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Edison International reported a net loss and core earnings per share that decreased year-over-year.

Edison International reported a net loss of $128 million, or $0.33 per share, for the third quarter of 2022, compared to a net loss of $341 million, or $0.90 per share, in the third quarter of 2021. Core earnings were $564 million, or $1.48 per share, compared to core earnings of $644 million, or $1.69 per share, in the third quarter of 2021. The company narrowed its 2022 EPS guidance to $4.48–4.68.

  • Third Quarter 2022 GAAP loss per share of $0.33; Core EPS of $1.48
  • SCE continues excellent WMP progress; on pace to complete 4,300 miles of covered conductor by year-end
  • Revises best estimate of expected losses for 2017/2018 Wildfire/Mudslide Events, resulting in net after-tax charge of $598 million
  • Narrows 2022 EPS guidance to $4.48–4.68. Also reiterates long-term EPS growth rate target of 5–7%

Headline financials

Total Revenue

$5.23B

Previous: $5.3B-1.3%
EPS (adj)

$1.48

Previous: $1.69-12.4%
Capital Expenditures

-$4.21B

Previous: -$3.95B-6.5%
Free Cash Flow

-$4.28B

Previous: -$4.29B+0.2%
Net Income

-$74M

Previous: -$341M+78.3%
Operating Income

-$44M

Previous: -$128M+65.6%
Gross Profit

$5.23B

Previous: $5.3B-1.3%
Cash & Equivalents

$232M

Previous: $524M-55.7%
Total Assets

$76.7B

Previous: $73B+5.0%

Revenue & EPS history

Edison · Revenue · Quarterly

$5.23B

Q3 2022-1.3%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

The company narrowed its earnings guidance range for 2022.

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 Q3 2022

Historical avgQ3 2022

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro