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,|
|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||)|
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.”