Edison International (EIX), headquartered in Rosemead, California, generates and distributes electric power. Valued at $28.11 billion by market cap, the company is the parent of Southern California Edison Company, which delivers electricity to 15 million people across Southern, Central, and Coastal California. It is also the parent company of Trio, which provides integrated sustainability and energy advisory services to large commercial, industrial, and institutional organizations in North America and Europe. The leading electric utility holding company is expected to announce its fiscal second-quarter earnings for 2024 after the market closes on Thursday, Jul. 25.
Ahead of the event, analysts expect EIX to report a profit of $1.03 per share on a diluted basis, up 2% from $1.01 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing on one other occasion.
