EIX

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Edison International (EIX). This company, which is in the Zacks Utility - Electric Power industry, shows potential for another earnings beat. When looking at the last two reports, this electric power provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 17.39%, on average, in the last two quarters. For the last reported quarter, Edison International came out with earnings of $1.42 per share versus the Zacks Consensus Estimate of $1.32 per share, representing a surprise of 7.58%. For the previous quarter, the company was expected to post earnings of $1.47 per share and it actually produced earnings of $1.87 per share, delivering a surprise of 27.21%. Thanks in part to this history, there has been a favorable change in earnings estimates for Edison International lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Edison International has an Earnings ESP of +49.63% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 30, 2026. When the Earnings ESP comes up negative, investors should note t...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Edison International stock has delivered strong gains over the past few years, yet the valuation checks still indicate the shares may be trading below what its fundamentals suggest. Over the last 5 years, Edison International has returned 64.3%, pointing to a solid payoff for investors who stayed the course. For a regulated utility, the key support for valuation can come from the stability of its cash flows, while the main risk is that heavy capital investment requirements may limit flexibility if conditions become less favorable. On Simply Wall St’s broader checks, Edison International screens as attractively priced in most areas, with 5 out of 6 valuation metrics indicating the stock leans cheap relative to fundamentals. The issue now is whether Edison International’s recent share price strength has already captured that value, or if the current level still leaves meaningful upside based on the fundamentals. Edison International delivered 55.4% returns over the last year. See how this stacks up to the rest of the Electric Utilities industry. The P/E ratio suits a regulated utility like Edison International because earnings tend to be the main driver of shareholder returns over time. Edison International currently trades at a P/E of 8.1x, compared with an Electric Utilities industry average of about 22.1x and a broader peer average of 59.1x. That means the stock is priced at a sizable discount to both its direct industry group and a wider peer set on earnings. A more tailored yardstick that blends factors such as Edison International’s size, profitability profile and risk points to a fair P/E ratio of about 16.9x. Against that benchmark, the current 8.1x level is materially lower. This indicates that the market is assigning a much lower multiple than this framework would imply based on the company’s fundamentals. On the P/E multiple, Edison International stock appears to be valued below both its customised fair ratio and broader utility peers. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St’s Narratives for Edison International sit between the current valuation puzzle and the underlying expectations, spelling out what would need to happen to the company’s future earnings, growth and margins f...

Rosemead, California-based Edison International (EIX) engages in the generation and distribution of electric power. With a market cap of $29.1 billion, the company supplies and delivers through its electrical infrastructure to an area of approximately 50,000 square miles in southern California, serving residential, commercial, industrial, public authorities, agricultural, and other sectors. EIX is expected to release its Q2 2026 earnings on Thursday, July 30, after the market closes. Ahead of the event, analysts expect the company’s EPS to be $1.02 on a diluted basis, up 5.2% from $0.97 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters. Crude Oil Prices Jump as Ships Attacked in the Strait of Hormuz Crude Oil Prices Sharply Higher on Supply Disruptions Nat-Gas Prices Climb on Carryover Support from European Nat-Gas Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts project the company’s EPS to be $6.12, down 6.6% from $6.55 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 6.9% year over year (YoY) to $6.54 in fiscal 2027. EIX stock has grown 49.3% over the past 52 weeks, outpacing the S&P 500 Index’s ($SPX) 20.5% rise and the State Street Utilities Select Sector SPDR ETF’s (XLU) 11.5% return during the same time frame. On Apr. 28, EIX stock declined marginally following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $4.1 billion, surpassing the Street’s estimates. Moreover, its adjusted EPS came in at $1.42, also topping Wall Street’s forecasts. Edison International expects full-year earnings in the range of $5.90 to $6.20 per share. Analysts are skeptical of EIX, with the stock currently rated “Hold” overall. Among the 17 analysts covering the stock, six recommend a “Strong Buy,” eight recommend a “Hold,” and three recommend a “Strong Sell.” EIX’s average analyst price target is $75.63, indicating a marginal upside from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart...

July 01, 2026--(BUSINESS WIRE)--Edison International (NYSE: EIX): View source version on businesswire.com: https://www.businesswire.com/news/home/20260701437154/en/ Contacts Investor Relations: Sam Ramraj, (626) 302-2540Media Relations: (626) [email protected]

A month has gone by since the last earnings report for NRG Energy (NRG). Shares have lost about 6% 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 NRG due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for NRG Energy, Inc. before we dive into how investors and analysts have reacted as of late. NRG Energy Q1 Earnings Lag Estimates, Revenues Increase Y/YNRG Energy, Inc. 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. 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...

A month has gone by since the last earnings report for PSEG (PEG). Shares have lost about 2% 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 PSEG 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 latest earnings report in order to get a better handle on the important catalysts. PEG Q1 Earnings Beat Expectations, Revenues Increase Y/YPublic Service Enterprise Group Incorporated, 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. 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 ca...

A month has gone by since the last earnings report for Pinnacle West (PNW). Shares have lost about 2.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Pinnacle West 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. Pinnacle West Q1 Earnings Beat Estimates, Revenues Increase Y/Y Pinnacle West Capital Corporation reported first-quarter 2026 earnings of 27 cents per share, which beat the Zacks Consensus Estimate of a loss of three cents per share by a whopping 1000%. The bottom line improved substantially from a loss of four cents reported in the year-ago quarter. Sales for the quarter totaled $1.15 billion, which surpassed the Zacks Consensus Estimate of $1.08 billion by 6.48%. The top line increased 11.36% from $1.03 billion recorded in the year-ago quarter. Total operating expenses were $1.02 billion, up 4.45% year over year, due to higher fuel and purchased power, as well as other expenses. Operating income totaled $131.2 million, up 129.2% from $57.2 million recorded in the year-ago quarter.Total interest expenses were $125.8 million, up 19.84% from $104.9 million reported in the prior-year period. As of March 31, 2026, cash and cash equivalents totaled $6.41 million compared with $6.60 million as of Dec. 31, 2025.As of March 31, 2026, long-term debt-less current maturities amounted to $9.80 billion compared with $9.21 billion as of Dec. 31, 2025.Net cash flow provided by operating activities in the first quarter of 2026 totaled $235.3 million compared with $401.9 million in the year-ago period. The company continues to expect its 2026 consolidated earnings in the range of $4.55-$4.75 per share and projects 5-7% long-term EPS growth from the 2024 earnings base. The Zacks Consensus Estimate for the same is pegged at $4.70, higher than the midpoint of the company’s guided range.The company projects its 2026 revenues in the range of $5.56-$5.66 billion.During 2026, management projects its retail customers to increase 1.5-2.5%. Retail electricity sales growth of 4-6%, driven partly by new large manufacturing facilities and multiple large data centers, is expected to contribute 3-5% to sales growth.Pinnacle West pla...

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...

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...

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...

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...

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...