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Edison International 1Q Profit Falls
Stock quotes in this article:
EIX
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ROSEMEAD, Calif. (AP) — California utility operator Edison International on Friday said its first-quarter profit fell 16 percent on lower power prices and generation levels but topped analyst expectations.
Earnings for the first quarter fell to $250 million, 76 cents per share, from $299 million, or 91 cents per share, in the prior-year period.
Analysts polled by Thomson Reuters estimated a profit of 67 per share, on average. ...
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