Edison International
Edison International Reports 2024 Earnings and Declares Dividend
Summary
Edison International reported its fourth-quarter and full-year 2024 financial results on February 27, 2025. The company announced GAAP EPS of $0.88 for Q4 2024 and $3.33 for the full year, with core EPS of $1.05 and $4.93 respectively. Edison International also announced a quarterly dividend of $0.8275 per share payable on April 30, 2025. The company revised its 2025 core EPS guidance to $5.94-$6.34, which includes the impact of the TKM settlement for wildfire cost recovery.
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About Edison International
Edison International is a leading energy holding company based in California, primarily engaged in the generation and distribution of electric power. It operates through its subsidiary, Southern California Edison, one of the largest electric utilities in the United States, serving millions of residential, commercial, and industrial customers across Southern California. The company's primary function is to provide reliable and sustainable electricity, focusing on infrastructure resilience and clean energy solutions, including solar and wind power projects. Edison International plays a crucial role in the energy sector by facilitating the transition towards renewable energy sources, aiming to reduce carbon emissions and enhance energy efficiency. Its operations significantly impact industries such as construction, manufacturing, and technology, which rely on consistent power supply. Additionally, the company actively invests in modernizing the electric grid, which is pivotal for supporting the increasing demand for electric vehicles and integrating alternative energy sources. In the financial market, Edison International is recognized for its commitment to sustainability and its pivotal role in supporting the California economy through its energy solutions.
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