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EIX

Edison InternationalC
NYSE / Utilities
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2026-06-02
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2026-05-29
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Earnings documents stored for EIX.

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Investor releaseQuarter not tagged2026-05-29

Why Is Entergy (ETR) Down 7% Since Last Earnings Report?

Zacks

It has been about a month since the last earnings report for Entergy (ETR). Shares have lost about 7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Entergy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Industrial Demand Surge & Retail Sales Growth Drive ETR's Q1 EarningsEntergy Corporation reported first-quarter 2026 earnings of 86 cents per share, which missed the Zacks Consensus Estimate of 89 cents by 3.2%. However, the bottom line increased 4.9% from the year-ago quarter’s figure of 82 cents. Revenues climbed 12% year over year to $3.19 billion and topped the consensus mark of $3.01 billion by 6.1%.Operationally, demand remained firm. Weather-adjusted retail sales increased 6.0%, led by a 14.9% jump in industrial volume, reflecting higher sales to data center, primary metals and transportation customers. ETR’s Utility business delivered $1.17 per share in earnings, up from $1.11 in the prior-year quarter, supported by the net effect of regulatory actions across operating companies and return on construction work in progress for certain utility plant investments.Parent & Other remained a drag. The segment posted an adjusted loss of 31 cents per share compared with a 29-cent loss a year ago, with higher interest expense cited as a key headwind. Results also included an $18 million pre-tax non-cash impairment charge related to the expected sale of a non-utility business interest in the Independence power plant, which was excluded from adjusted earnings. Despite the revenue upside and higher adjusted earnings, Entergy’s quarter fell short of expectations as financing and non-fuel costs weighed on per-share results. Interest expense increased year over year, reflecting higher debt balances and rising interest rates, and the company also cited higher depreciation and amortization tied to higher plant in service and rate-related changes.Total retail sales rose 4.5% year over year and weather-adjusted growth was stronger at 6.0%, as industrial demand more than offset softer residential and commercial usage. As of March 31, 2026, Entergy had cash and cash equivalents of $3.57 b...

Investor releaseQuarter not tagged2026-05-28

Why Is Edison International (EIX) Up 5.5% Since Last Earnings Report?

Zacks

It has been about a month since the last earnings report for Edison International (EIX). Shares have added about 5.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Edison International due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Edison International before we dive into how investors and analysts have reacted as of late. Edison International Q1 Earnings and Revenues Beat Estimates Edison International reported first-quarter 2026 adjusted earnings of $1.42 per share, which surpassed the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increased 3.6% from $1.37 in the year-ago quarter.The company recorded GAAP earnings of $1.38 per share compared with $3.73 in the first quarter of 2025. Edison International's first-quarter operating revenues totaled $4.1 billion, which beat the Zacks Consensus Estimate of $3.99 billion by 2.8%. The top line also increased 7.7% from the year-ago quarter’s figure of $3.81 billion. During the first quarter of 2026, EIX’s total operating expenses rose 80.6% year over year to $3.03 billion.Purchased power and fuel costs decreased 7.4% year over year, while depreciation and amortization expenses rose 12.4% during the same time frame.Operation and maintenance (O&M) costs increased 3.5% in the first quarter of 2026, whereas property and other taxes climbed 7.8%.The operating income amounted to $1.07 billion during the first quarter of 2026 compared with $2.13 billion in the prior-year period. Southern California Edison’s first-quarter adjusted earnings were $1.65 per share compared with $1.61 in the year-ago quarter. The year-over-year increase was due to the adoption of the 2025 GRC final decision in the third quarter of 2025, partially offset by the absence of a benefit to interest expense related to cost recoveries authorized under the TKM Settlement Agreement in 2025.Edison International Parent and Other incurred an adjusted loss of 23 cents per share compared with the year-ago quarter’s loss of 24 cents. The year-over-year decrease was due to lower preferred stock dividends. As of March 31, 2026, Edison International's cash and cash equivalents amounted to $168 million compared with $158 mil...

Investor releaseQuarter not tagged2026-05-08

Consolidated Edison Q1 Earnings Miss Estimates, Revenues Rise Y/Y

Zacks

Consolidated Edison, Inc. ED reported first-quarter 2026 adjusted earnings of $2.17 per share, which missed the Zacks Consensus Estimate of $2.32 by 6.6%. The bottom line declined 3.6% from $2.25 recorded in the prior-year quarter. The company reported GAAP earnings of $2.55 per share, up from $2.26 recorded in the year-ago quarter. In the reported quarter, Consolidated Edison's total operating revenues of $5.1 billion surpassed the Zacks Consensus Estimate of $4.95 billion by 3%. The top line increased 6.2% from $4.8 billion reported in the year-ago quarter. Consolidated Edison Inc price-consensus-eps-surprise-chart | Consolidated Edison Inc Quote Electric revenues totaled $3.04 billion, which increased 4.8% from the year-ago quarter’s figure of $2.9 billion. Gas revenues amounted to $1.62 billion, which surged 5.2% from the year-ago quarter’s figure of $1.54 billion. Steam revenues totaled $432 million, which rose 22% from the year-ago quarter’s figure of $354 million. Non-utility revenues amounted to $1 million compared to nil revenues in the year-ago quarter. Total operating expenses in the first quarter increased 6.8% year over year to $3.92 billion. Purchase power costs rose 4.9%. Other operations and maintenance expenses decreased 1.3%. Depreciation and amortization expenses jumped 1.4%. Taxes, other than income taxes, went up 9.3% year over year. Fuel expenses surged 48.8% year over year and the cost of gas purchased for resale rose 17.7%. The company’s first-quarter operating income went up 4.6% year over year to $1.18 billion. During the first quarter, the company completed the sale of its nearly 6.6% interest in Mountain Valley Pipeline, LLC (“MVP”) to the two founding members of MVP for total aggregate consideration of $357.5 million, before certain closing adjustments and expenses. Cash and temporary cash investments as of March 31, 2026, totaled $0.15 billion compared with $1.63 billion as of Dec. 31, 2025. The company’s long-term debt was $25.554 billion as of March 31, 2026, compared with $25.551 billion as of 2025-end. Cash from operating activities in the first three months of 2026 amounted to $128 million compared with $763 million in the prior-year period. Consolidated Edison has reaffirmed its 2026 guidance. It expects adjusted earnings to be in the range of $6.00-$6.20 per share. The Zacks Consensus Estimate for 2026 earnings is pegged...

Investor releaseQuarter not tagged2026-05-08

PPL Q1 Earnings Surpass Estimates, Revenues Increase Y/Y

Zacks

PPL Corporation PPL reported first-quarter 2026 operating earnings per share (EPS) of 63 cents, which beat the Zacks Consensus Estimate of 61 cents by 4.1%. In the year-ago quarter, the company reported earnings of 60 cents. On a GAAP basis, PPL recorded EPS of 60 cents compared with 56 cents in the year-ago quarter. The difference in GAAP and operating EPS in the first quarter was due to the impacts of 3 cents from special items. Total revenues of $2.77 billion surpassed the Zacks Consensus Estimate of $2.62 billion by 5.9%. The top line also increased 10.8% from the year-ago figure of $2.5 billion. PPL Corporation price-consensus-eps-surprise-chart | PPL Corporation Quote In the first quarter, the company sold 18,268 gigawatt hours of electricity to its customers in Pennsylvania and Kentucky, reflecting a year-over-year decrease of 0.6%. Total operating expenses were $2.03 billion, up 11.1% from the year-ago quarter’s $1.83 billion. This was due to a decrease in energy purchases. Operating income totaled $745 million, up 9.9% from the year-ago figure of $678 million. Interest expenses amounted to $224 million, up 17.9% from $190 million in the corresponding period of 2025. Pennsylvania Regulated: Adjusted EPS was 25 cents, which came in line with the year-ago figure. Kentucky Regulated: Adjusted EPS was 33 cents compared with 30 cents in the year-ago quarter. The year-over-year increase in earnings was driven by higher income from retail rates that became effective on Jan. 1, 2026. Rhode Island Regulated: Adjusted EPS was 10 cents, similar to the year-ago figure. Corporate and Other: The segment incurred a loss of 5 cents per share, which came in line with the year-ago figure. As of March 31, 2026, PPL had cash and cash equivalents of $1.24 billion compared with $1.07 billion as of Dec. 31, 2025. The long-term debt was $19.02 billion as of March 31, 2026 compared with $17.99 billion as of Dec. 31, 2025. Net cash provided by operating activities in the first three months of 2026 was $557 million compared with $513 million in the year-ago period. PPL expects 2026 earnings to be in the range of $1.90-$1.98 per share. The Zacks Consensus Estimate is pegged at $1.95, higher than the midpoint of the company’s guided range. PPL expects a long-term annual earnings growth rate of 6-8% through 2029. The company expects its guidance for planned infrastructure investm...

Investor releaseQuarter not tagged2026-05-07

Evergy's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Zacks

Evergy, Inc. EVRG reported first-quarter 2026 operating earnings per share (EPS) of 69 cents, which beat the Zacks Consensus Estimate of 63 cents by 9.5%. In the year-ago quarter, the company reported earnings of 55 cents. Quarterly revenues totaled $1.44 billion, which surpassed the Zacks Consensus Estimate of $1.41 billion by 2.2%. In the year-ago quarter, the company posted revenues of $1.37 billion. Evergy Inc. price-consensus-eps-surprise-chart | Evergy Inc. Quote Fuel and purchased power totaled $360 billion for the year, up 1.3% from last year’s $355.3 billion. Operating and maintenance expenses for the year amounted to $243.2 million, up 4.8% from last year’s $232 million. Interest expenses totaled $174.5 million, up 14.4% year over year. Cash and cash equivalents as of March 31, 2026 totaled $18.4 million compared with $19.8 million as of Dec. 31, 2025. Long-term debt as of March 31, 2026 was $13.15 billion compared with $13.04 billion as of Dec. 31, 2025. Cash provided by operating activities in the first three months of 2026 was $362.5 million compared with $449.6 million in the year-ago period. Evergy reaffirmed its 2026 adjusted EPS guidance in the range of $4.14-$4.34. The Zacks Consensus Estimate is pegged at $4.25, which is higher than the midpoint of the company’s guided range. The company expects its adjusted EPS annual growth target of 6-8% through 2030. Evergy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. PG&E Corporation PCG reported first-quarter 2026 adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 30.3% from the year-ago quarter’s figure of 33 cents. PCG reported first-quarter total revenues of $6.88 billion, up 15% from $5.98 billion registered in the year-ago period. The top line also surpassed the Zacks Consensus Estimate of $6.46 billion by 6.6%. Edison International EIX reported first-quarter 2026 adjusted earnings of $1.42 per share, which outpaced the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increased 3.6% from $1.37 in the year-ago quarter. Edison International's first-quarter operating revenues totaled $4.1 billion, which beat the Zacks Consensus Estimate of $3.99 billion by 2.8%. The top line also increased 7.7% from the year-ago quarter’s fig...

Investor releaseQuarter not tagged2026-05-06

Ameren Q1 Earnings Outpace Estimates, Revenues Increase Y/Y

Zacks

Ameren Corporation AEE reported first-quarter 2026 earnings of $1.28 per share, which beat the Zacks Consensus Estimate of $1.17 by 9.9%. The bottom line increased 19.6% from the year-ago quarter’s recorded figure. The quarterly results reflected earnings on infrastructure investments to improve system reliability, resilience, and service quality for its Ameren Missouri and Illinois electric and natural gas customers. Total revenues were $2.18 billion, up 3.8% year over year. The top line missed the Zacks Consensus Estimate of $2.24 billion by 2.9%. Ameren Corporation price-consensus-eps-surprise-chart | Ameren Corporation Quote Ameren’s total electricity sales volumes decreased 4.2% to 17,052 million kilowatt-hours (kWh) compared with 17,808 million kWh in the year-ago period. Gas volumes declined 5.4% year over year to 70 million dekatherms. Total operating expenses were $1.64 billion, down 1.4% year over year. The company’s interest expenses in the first quarter totaled $204 million compared with the prior-year quarter’s $175 million. The Ameren Missouri segment reported adjusted earnings of $76 million compared with $42 million a year ago. The year-over-year increase was driven by earnings from higher infrastructure investments, including those incorporated into electric and natural gas service rates that became effective on June 1, 2025, and Sept. 1, 2025, respectively. The Ameren Illinois Electric Distribution segment reported adjusted earnings of $66 million compared with $63 million in the year-ago quarter. The Ameren Illinois Natural Gas segment reported adjusted earnings of $122 million compared with $108 million in the prior-year quarter. The Ameren Transmission segment reported adjusted earnings of $98 million compared with $89 million in the year-ago quarter. Ameren reported cash and cash equivalents of $13 million as of March 31, 2026, which remained unchanged sequentially. As of March 31, 2026, the long-term debt totaled $19 billion compared with $18.21 billion as of Dec. 31, 2025. Net cash flows from operating activities in the first three months of 2026 were $421 million compared with $431 million in 2025. Ameren has reaffirmed its 2026 earnings guidance. It expects to generate earnings per share (EPS) in the range of $5.25-$5.45. The Zacks Consensus Estimate for 2026 earnings is pegged at $5.32, which is lower that the midpoint of the compa...

Investor releaseQuarter not tagged2026-05-06

NRG Energy Q1 Earnings Lag Estimates, Revenues Increase Y/Y

Zacks

NRG Energy, Inc. NRG reported first-quarter 2026 earnings of $1.48 per share, which missed the Zacks Consensus Estimate of $1.78 by 16.9%. The bottom line decreased 43.5% from the year-ago quarter. Total revenues were $10.26 billion, which beat the Zacks Consensus Estimate of $7.11 billion by 44.2%. The top line also increased 19.5% from the prior-year quarter’s level of $8.59 billion. NRG Energy, Inc. price-consensus-eps-surprise-chart | NRG Energy, Inc. Quote The company recorded adjusted EBITDA of $1.08 billion in the first quarter, down 4.1% from $1.13 billion registered a year ago. Total operating costs and expenses were $9.93 billion, up 33.4% from $7.44 billion in the year-ago quarter. Operating income in the first quarter totaled $0.33 billion compared with $1.13 billion in the year-ago quarter. Through April 30, 2026, NRG completed $817 million in share repurchases and distributed $102 million in common stock dividends. In 2026, the company plans to return $1 billion through share repurchases and common stock dividends of around $407 million. As of March 31, 2026, NRG had cash and cash equivalents worth $0.18 billion compared with $4.71 billion as of Dec. 31, 2025. As of March 31, 2026, long-term debt and finance leases amounted to $19.78 billion compared with $16.41 billion as of Dec. 31, 2025. Cash used in operating activities in the first three months of 2026 totaled $169 million against the cash provided by operating activities of $855 million in the year-ago quarter. Capital expenditures amounted to $317 million in the first three months of 2026 compared with $217 million in the year-ago quarter. NRG Energy expects its 2026 adjusted net income to be in the range of $1.685-$2.115 billion. The company expects its 2026 adjusted EPS to be in the range of $7.90-$9.90. The Zacks Consensus Estimate is pegged at $9.05, which is higher than the midpoint of the company’s guided range. Free Cash Flow before Growth for 2026 is anticipated to be in the range of $2.8-$3.3 billion. NRG expects 2026 adjusted EBITDA in the band of $5.325-$5.825 billion. NRG Energy has a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Edison International EIX reported first-quarter 2026 adjusted earnings of $1.42 per share, which surpassed the Zacks Consensus Estimate of $1.32 by 7.6%. The bottom line also increas...

Investor releaseQuarter not tagged2026-05-05

PEG Q1 Earnings Beat Expectations, Revenues Increase Y/Y

Zacks

Public Service Enterprise Group Incorporated PEG, or PSEG, reported first-quarter 2026 adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate of $1.47 by 5.6%. Earnings increased 8.4% from the prior-year reported figure of $1.43. The company reported GAAP earnings per share (EPS) of $1.48 compared with $1.18 in the corresponding period of 2025. Operating revenues totaled $3.85 billion, which surpassed the Zacks Consensus Estimate of $3.27 billion by 17.6%. The top line also increased 19.4% from the year-ago figure of $3.22 billion. Public Service Enterprise Group Incorporated price-consensus-eps-surprise-chart | Public Service Enterprise Group Incorporated Quote Electric sales volume totaled 10,371 million kilowatt-hours, which increased 4% year over year. On the other hand, gas sales volume rose 7% to 1,464 million therms. Under electric sales, residential sales volume totaled 3,490 million kilowatt-hours, up 6% from the prior-year figure. Its commercial and industrial sales volume totaled 6,784 million kilowatt-hours, reflecting year-over-year growth of 3%. Other sales amounted to 97 million kilowatt-hours, down 4% from the year-ago recorded number. Total gas sales witnessed year-over-year growth of 5% in firm sales volume. Non-firm gas sales volume increased 24%. The operating income totaled $1.08 billion compared with $0.8 billion in the year-ago period, reflecting an increase of 34.9%. Total operating expenses were $2.77 billion, up 14.4% from the year-ago figure. Interest expenses amounted to $272 million, which increased 12.9% year over year. PSE&G: This segment’s net income was $577 million, up from $546 million in the first quarter of 2025. PSEG Power & Other: Adjusted operating income for this unit amounted to $201 million compared with $172 million in the prior-year quarter. The long-term debt (including the current portion of the long-term debt) as of March 31, 2026 was $23.09 billion compared with $22.55 billion as of Dec. 31, 2025. The net cash flow from operating activities was $1.27 billion during the first three months of 2026 compared with $1.05 billion during the first three months of 2025. PEG expects adjusted earnings to be in the range of $4.28-$4.40 per share. The Zacks Consensus Estimate for earnings is currently pegged at $4.36, which lies above the midpoint of the company’s guided range. PEG currently carries...

Investor releaseQuarter not tagged2026-05-05

Duke Energy Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Zacks

Duke Energy Corporation's DUK first-quarter 2026 earnings of $1.93 per share surpassed the Zacks Consensus Estimate of $1.79 by 7.6%. The bottom line increased 9.7% from $1.76 reported in the year-ago quarter. Total operating revenues were $9.18 billion, which beat the Zacks Consensus Estimate of $8.4 billion by 9%. The top line increased 11.3% from $8.25 billion in the year-ago period. Duke Energy Corporation price-consensus-eps-surprise-chart | Duke Energy Corporation Quote Operating expenses amounted to $6.84 billion, up 15.6% year over year. The increase was primarily driven by higher expenses for fuel used in electric generation and purchased power, cost of natural gas, operation, maintenance and other and depreciation and amortization. The operating income totaled $2.73 billion compared with $2.34 billion in the year-ago quarter. Interest expenses rose to $968 million from $889 million in the first quarter of 2025. The average number of customers in its Electric Utilities and Infrastructure increased 1.4% year over year. Total electric sales volume for the reported quarter went up 0.3% year over year to 65,454 gigawatt-hours. Electric Utilities & Infrastructure: This segment’s adjusted earnings totaled $1.4 billion, up from $1.28 billion in the first quarter of 2025. This was primarily driven by the recovery of infrastructure investments aimed at reliably serving customers across its expanding jurisdictions, along with favorable weather conditions. These positives were partially offset by higher O&M expenses, including storm-related costs, as well as increased depreciation tied to a growing asset base. Gas Utilities & Infrastructure: Adjusted earnings from this segment amounted to $361 million compared with $349 million in the first quarter of 2025. Other: The segment includes corporate interest expenses not allocated to other business units, resulting from Duke Energy’s captive insurance company and other investments. On an adjusted basis, this segment incurred a loss of $263 million compared with a loss of $260 million in the first quarter of 2025. As of March 31, 2026, Duke Energy had cash & cash equivalents of $2.14 billion compared with $0.245 billion as of Dec. 31, 2025. As of March 31, 2026, the long-term debt was $80.48 billion compared with $80.11 billion as of Dec. 31, 2025. During the first three months of 2026, the company generated net cas...

Investor releaseQuarter not tagged2026-05-05

American Electric's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Zacks

American Electric Power Company, Inc. AEP reported first-quarter 2026 operating earnings of $1.64 per share, which beat the Zacks Consensus Estimate of $1.55 by 5.8%. Operating earnings increased 6.5% from $1.54 in the year-ago quarter. On a GAAP basis, AEP posted earnings of $1.61 per share, up from $1.50 a year ago. AEP generated total revenues of $6.02 billion, up 10.2% from $5.46 billion in the prior-year quarter. The top line also came in ahead of the Zacks Consensus Estimate of $5.68 billion by 6.0%. The company’s quarter reflected continued demand growth across its service territory, with management pointing to seven gigawatts of new load agreements signed during the first quarter, largely in Ohio and Texas. AEP also highlighted that its incremental contracted load is expected to expand to 63 gigawatts by 2030, supported by signed agreements with large-load customers. American Electric Power Company, Inc. price-consensus-eps-surprise-chart | American Electric Power Company, Inc. Quote Vertically Integrated Utilities: Operating earnings increased to $464 million from $350 million in the year-ago quarter, supported by stronger underlying utility performance. This segment remained AEP’s largest profit contributor for the period. Transmission & Distribution Utilities: Operating earnings came in at $237 million, up from $192 million a year ago. The improvement reflected stronger results in the distribution-focused utilities compared with the prior-year base. AEP Transmission Holdco: Operating earnings totaled $209 million, down from $235 million in first-quarter 2025. Despite its strategic importance, this segment was the primary drag on year-over-year operating earnings growth. Generation & Marketing: Operating earnings rose to $90 million from $76 million a year earlier. The improvement indicated better performance in the company’s marketing, risk management and related market activities compared with the year-ago quarter. Corporate and Other: The segment reported an operating loss of $109 million, wider than the $30 million loss posted in the prior-year period. The larger loss meaningfully offset gains elsewhere across the portfolio. American Electric expects to generate earnings in the band of $6.15-$6.45 per share. The Zacks Consensus Estimate for earnings is pegged at $6.33 per share, which lies above the midpoint of the company’s projected range. Am...

Investor releaseQuarter not tagged2026-05-01

DTE Energy's Q1 Earnings Miss Estimates, Decrease Year Over Year

Zacks

DTE Energy Company DTE delivered first-quarter 2026 earnings per share of $1.95, lagging the Zacks Consensus Estimate of $1.98 by 1.5%. The bottom line decreased 7.14% from the year-ago reported figure of $2.10. Results reflected continued customer-focused investment, highlighted by more than $1.2 billion deployed across the utilities during the quarter and an ongoing push to support large-load growth opportunities in Michigan. Beyond the quarter’s earnings surprise, DTE leaned into execution against its reliability and modernization agenda. During first-quarter 2026, the company invested $400 million in electric distribution infrastructure to strengthen grid resiliency. Those efforts were paired with operational outcomes management emphasized as evidence of progress. DTE cited 60% fewer outages compared with similar historical weather events in the first quarter, while noting that 99% of affected customers saw power restored in less than 48 hours. DTE Energy Company price-consensus-eps-surprise-chart | DTE Energy Company Quote While the company’s operating earnings were $407 million in the quarter, down from $436 million a year ago, the path to that outcome was shaped by sizable swings across segments. DTE Electric was a key offset, with operating earnings of $218 million compared with $147 million in first-quarter 2025. By contrast, the DTE Gas segment reported operating earnings of $210 million in first-quarter 2026, up from $206 million in the year-ago quarter. Non-Utility Operations delivered operating earnings of $23 million in first-quarter 2026, down from $73 million in the year-ago quarter. Large-load contracting continued to stand out as a strategic theme. DTE highlighted the 1.4 gigawatt (GW) Oracle data center agreement as approved and in plan, with construction started, and said it executed an agreement with Google to serve a 1.0 GW data center that has been submitted to the Michigan Public Service Commission for approval. Management framed these contracts around affordability and customer protections. The company quantified the Oracle project as providing about $300 million of annual affordability benefits for existing customers once fully ramped, while the Google agreement is expected to generate about $1.7 billion of affordability benefits over the life of the contract. DTE also pointed to additional pipeline discussions representing roughly...

Investor releaseQuarter not tagged2026-05-01

Here's What Analysts Are Forecasting For Edison International (NYSE:EIX) After Its First-Quarter Results

Simply Wall St.

Edison International (NYSE:EIX) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. The result was positive overall - although revenues of US$4.1b were in line with what the analysts predicted, Edison International surprised by delivering a statutory profit of US$1.37 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following last week's earnings report, Edison International's twelve analysts are forecasting 2026 revenues to be US$19.4b, approximately in line with the last 12 months. Statutory earnings per share are expected to plunge 35% to US$5.99 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$19.3b and earnings per share (EPS) of US$6.01 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. View our latest analysis for Edison International There were no changes to revenue or earnings estimates or the price target of US$75.54, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Edison International, with the most bullish analyst valuing it at US$86.00 and the most bearish at US$62.00 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Edison International's past performance and to peers in the same industry. We would highlight that revenue is exp...

As of 2026-05-30 • Updated weeklySource: Earnings sourceIngestion runbook