Edison International (NYSE:EIX) Tops Q3 2025 Earnings and Revenue Estimates

Edison International (NYSE:EIX) reported financial results for the third quarter of 2025 that surpassed analyst expectations, driven by regulatory decisions that bolstered revenue at its principal utility subsidiary. The company also narrowed its full-year earnings guidance, providing investors with greater clarity on its financial trajectory.

Earnings and Revenue Performance

The company delivered a strong quarterly performance, exceeding forecasts on key profitability and revenue metrics.

• Core Earnings Per Share (EPS): $2.34, compared to analyst estimates of $2.19.
• GAAP EPS: $2.16, a significant increase from $1.33 in the same period last year.
• Quarterly Revenue: $5.75 billion, surpassing the estimated $5.65 billion.

The year-over-year improvement was substantial. Net income for the quarter was $832 million, a notable increase from $516 million reported in the third quarter of 2024. On a nine-month basis, net income available to common shareholders rose to $2.61 billion, or $6.78 per share, compared to $944 million, or $2.45 per share, for the same period in 2024.

Regulatory Progress and Segment Results

The earnings beat was largely attributed to favorable regulatory outcomes. The company highlighted the California Public Utilities Commission's (CPUC) final decision on Southern California Edison’s (SCE) 2025 General Rate Case (GRC), which approved 91% of SCE’s proposed capital investments.

• Southern California Edison (SCE): The utility segment's core earnings per share increased to $2.58 from $1.74 in the prior year, primarily due to higher revenue authorized by the 2025 GRC final decision.
• Edison International Parent and Other: This segment reported a core loss per share of $0.24, a slight increase from a $0.23 loss per share in the third quarter of 2024, driven primarily by higher interest expense.

Pedro J. Pizarro, president and CEO of Edison International, stated, “We have made significant progress on the regulatory front this year, further de-risking our financial outlook and bolstering our ability to deliver for customers and investors.”

Updated 2025 Financial Guidance

Edison International provided updated earnings guidance for the full year 2025, narrowing the projected range.

• Core EPS Guidance: The company now expects core EPS between $5.95 and $6.20. This is a narrowing from the previous range of $5.94 to $6.34 provided at the end of July.
• Comparison to Analyst Estimates: The midpoint of the new guidance range ($6.075) sits below the current full-year analyst EPS estimate of $6.10, which may be a factor in investor sentiment.

Market Reaction and Outlook

Following the earnings release, EIX shares experienced an uptick in after-market trading, indicating a positive initial reception to the earnings beat. The company's performance over recent weeks has been mixed, with slight gains over the past month.

The press release also expressed optimism regarding recent legislative developments, specifically the passage of Senate Bill 254, which aims to evaluate reforms for climate-driven natural disaster costs. Looking ahead, analysts are forecasting revenue of approximately $4.75 billion for the fourth quarter of 2025.

For a detailed breakdown of future earnings estimates and historical performance, review the earnings and estimates data for EIX.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.