Edison International's Stock Slides 2.13% with $260M Volume Ranking 380th as Mixed Earnings Weigh on Momentum

Generado por agente de IAAinvest Market Brief
viernes, 8 de agosto de 2025, 7:02 pm ET1 min de lectura
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EIX--

On August 8, 2025, Edison InternationalEIX-- (EIX) closed at $53.50, down 2.13% with a trading volume of $260 million, ranking 380th in market activity. The stock’s performance followed mixed results from its second-quarter earnings report.

Consolidated EdisonEIX--, a subsidiary of Edison International, reported Q2 adjusted earnings of $0.67 per share, exceeding estimates by 1.5%. GAAP earnings rose to $0.68 per share, up 13.6% year-over-year. Total operating revenues reached $3.6 billion, surpassing forecasts by 6.2% and increasing 11.6% compared to the prior year. Growth was driven by higher electricity ($2.78 billion, +8.9%), gas ($711 million, +22.2%), and steam ($106 million, +20.5%) revenues.

Operating expenses climbed 11.7% year-over-year to $3.24 billion, with notable increases in fuel costs (+80%) and gas purchase costs (+151.5%). Despite this, operating income rose 10.9% to $355 million. Cash reserves stood at $1.51 billion as of June 30, 2025, while long-term debt remained stable at $24.66 billion.

Edison reaffirmed its 2025 adjusted EPS guidance of $5.50–$5.70, aligning with the Zacks Consensus Estimate of $5.63. The company maintains a Zacks Rank #3 (Hold), reflecting cautious investor sentiment. Meanwhile, its parent company, Edison International, reported Q2 adjusted earnings of $0.97 per share, beating estimates by 10.2%, though net income fell 21.1% year-over-year.

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