Edison International reported first quarter 2026 operating revenue of $4.1 billion, up from $3.8 billion year-over-year, and core EPS of $1.42, a slight increase from $1.37 in the prior-year period. While revenue exceeded analyst estimates, core EPS fell short of the $1.71 consensus.
Key Highlights
- Management affirmed its full-year 2026 core EPS guidance range of $5.90 to $6.20 and reiterated its long-term target of 5-7% core EPS growth from 2025-2030.
- Progress on wildfire mitigation continues, with the company reporting that planned physical grid hardening in high fire risk areas is now approximately 93% complete.
- Regarding the Eaton Fire, the company has extended nearly 1,500 compensation offers to impacted community members, totaling over $500 million.