Welcome to our dedicated page for Edison Intl news (Ticker: EIX), a resource for investors and traders seeking the latest updates and insights on Edison Intl stock.
Edison International (NYSE: EIX) delivers essential energy services through Southern California Edison and strategic nonregulated operations. This news hub provides investors with comprehensive coverage of the company's financial developments, infrastructure projects, and regulatory milestones.
Access real-time updates including quarterly results, grid modernization initiatives, and sustainability commitments. Our curated collection features official press releases about rate cases, renewable energy investments, and community partnership programs aligned with California's clean energy goals.
Key content areas include earnings announcements, regulatory filings with CPUC, transmission system upgrades, and wildfire mitigation strategies. Bookmark this page for streamlined tracking of EIX's operational updates and leadership in electric vehicle infrastructure development.
Edison International (NYSE: EIX) has announced a quarterly dividend of $0.78 per share for Q2.
The dividend will be payable on July 31, 2024, to shareholders who are on record as of July 8, 2024.
Edison International (NYSE: EIX) will hold a conference call to discuss its Second Quarter 2024 financial results on Thursday, July 25, from 1:30 to 2:30 p.m. PDT.
Details for participating in the call include dial-in numbers for both U.S. and international callers and a passcode. The call will be webcast live on Edison International's investor website, with a telephone replay available until August 7, 6 p.m. PDT.
For investor queries, contact Sam Ramraj at (626) 302-2540, and for media inquiries, reach out to (626) 302-2255 or news@sce.com. More information can be found on BusinessWire.
Southern California Edison (SCE) and Lotus Infrastructure Partners have been selected by the California Independent System Operator (CAISO) to develop, permit, own, operate, and maintain a new transmission infrastructure project in Southern California. The project involves constructing a high-voltage transmission line from the Serrano Substation in Orange County to near the retired San Onofre Nuclear Generating Station (SONGS). This line will deliver energy from renewable sources like solar, wind, and battery installations. Lotus will lead the project’s development, while SCE will purchase the project upon completion and regulatory approval, leasing 25% of the transmission capacity back to Lotus. The project will support California's clean energy goals and address the increasing demand for reliable electricity.
Southern California Edison announced the redemption of all outstanding shares of its Series E Preference Stock on June 6, 2024, at a price of $1,000 per share, plus accrued dividends. The redemption will be funded through an offering of new preference securities and managed by The Depository Trust Company. After redemption, all rights and dividends on the Series E Preference Stock will cease.
Edison International reported a first-quarter 2024 net loss of $11 million, or $0.03 per share, compared to a net income of $310 million, or $0.81 per share, in the same period last year. The company's first-quarter core earnings were $438 million, or $1.13 per share, showing an increase from the previous year. The company revised its best estimate of expected losses for the 2017/2018 Wildfire/Mudslide Events, resulting in a net after-tax charge of $333 million. Edison International affirmed its 2024 core EPS guidance range of $4.75-$5.05 and reaffirmed its long-term core EPS growth rate targets of 5%-7% for 2021-2025 and 5%-7% for 2025-2028.
FAQ
What is the current stock price of Edison Intl (EIX)?
What is the market cap of Edison Intl (EIX)?
