ROSEMEAD, Calif. (AP) — ROSEMEAD, Calif. (AP) — Edison International (EIX) on Tuesday reported third-quarter earnings of $577 million.
On a per-share basis, the Rosemead, California-based company said it had profit of $1.32. Earnings, adjusted for non-recurring costs, came to $1.51 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The electric power provider posted revenue of $5.2 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $4.76 billion.
Edison International expects full-year earnings in the range of $4.80 to $5 per share.
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