Edison International Reports Q2 Earnings and Maintains Full-Year Guidance
Edison International (EIX) reported second-quarter core earnings per share of $1.04 in July 2026, contributing to a year-to-date total of $2.97. The company reaffirmed its full-year guidance for core EPS between $5.90 and $6.20 as it continues executing on operational and capital plans. Basic earnings per share rose significantly from the prior year's second quarter, reaching $1.54 compared to $0.97. The report highlighted progress in grid resilience efforts, including 90% of high-fire-risk distribution lines hardened and a substantial energy storage portfolio now at 9,200 megawatts after recent additions. Management also outlined long-term growth targets for core EPS between 5% to 7%, supported by infrastructure investments and AI-driven efficiency improvements in project design and permit processing. Edison International emphasized the importance of legislative clarity on wildfire reform in California, warning that a lack of action could lead to credit rating downgrades. The company is also managing litigation risks from wildfires with subrogation settlements reaching 55 cents per dollar recovered so far.
