Edison Int'l (EIX) Tops Q3 EPS by 30c
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Edison International Reports Third Quarter 2018 Results
October 30, 2018 4:10 PM EDTROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today reported third quarter 2018 net income of $513 million, or $1.57 per share, compared to net income of $470 million, or $1.44 per share, in the third quarter 2017. As adjusted, third quarter 2018 core earnings were $510 million, or $1.56 per share. There were no non-core items in the third quarter 2017.
Southern California Edison (SCE) is awaiting a proposed decision from the California Public Utilities Commission (CPUC) on its 2018 General Rate Case (GRC). Consequently, during the third quarter of 2018, SCE recognized revenue from CPUC activities largely based on 2017 authorized base... More
