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TheStreet Open House

Edison International Reports Third Quarter 2013 Results

Stocks in this article: EIX

Edison International (NYSE: EIX) today reported third quarter results, as summarized below.

 

Third Quarter and Year-to-Date Results Summary

 
      Three Months Ended         Nine Months Ended
September 30, September 30,
Per Share       2013           2012           2013         2012  
Basic earnings from continuing operations $ 1.42         $ 1.09 $ 1.88         $ 2.20
Basic earnings (loss) from discontinued operations         (0.08 )           (0.51 )           0.00           (1.11 )
Basic earnings       $ 1.34           $ 0.58           $ 1.88         $ 1.09  
Core earnings       $ 1.42           $ 1.00           $ 2.98         $ 2.11  

Note: See Use of Non-GAAP Financial Measures in Appendix.

 

“Edison International's earnings performance was solid this quarter reflecting continued cost management efforts and favorable tax benefits,” said Ted Craver, chairman and chief executive officer of Edison International. “Based on our year to date performance and positive outlook, we have increased our 2013 earnings guidance.”

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