eix latest news

Here is the relevant news and analysis:1. Edison International Stock Performance: Edison International (EIX) stock rose 2.29% in the past week, earning a Bullish rating from InvestorsObserver. The increase is due to recent positive trends and investor sentiment.2. Q4 Earnings Outlook: EIX is expected to report Q4 2023 results on February 22, with a 3.37% average earnings surprise over the past four quarters. The Zacks Consensus Estimate forecasts a 4.3% YoY revenue improvement and a 7% increase in earnings per share.3. Stock Performance vs. Competitors: EIX outperformed competitors with a 0.35% rise, nearing its 52-week high, despite a general market decline. Trading volume was slightly below the 50-day average.4. Earnings Growth Expectation: EIX is expected to report higher earnings and revenues YoY on February 22, with a consensus estimate of $1.22 EPS and $4.19 billion in revenues. The Zacks Consensus Estimate has been revised upward by 13.33% in the last 30 days.Analysis: Edison International's recent stock performance and upcoming earnings report indicate potential growth. Positive trends and investor sentiment, along with expected earnings growth, make EIX an attractive option for investors. However, the high interest expenses and wildfire mitigation efforts may impact the bottom line. Consider these factors and the company's long-term prospects when evaluating its investment potential.