The Latest Breaking News from Edison

Edison International is gearing up to release its third-quarter results later this month, and analysts are expecting a double-digit decline in the company’s bottom-line figure.

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California's $21 billion wildfire insurance fund, created to protect ratepayers and keep investor-owned utilities solvent, could be on the verge of depletion if Southern California Edison, which is owned by Edison International (NYSE:EIX), is found liable for the devastating Eaton Fire in early 2025.

Southern California Edison announces program amid concerns state’s wildfire fund will not be able to cover losses

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A California utility has agreed to pay the federal government $82.5 million stemming from an enormous 2020 wildfire that churned through mountains northeast of Los Angeles and into the Mojave Desert

Edison has outperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Edison International will release its first-quarter earnings later this month, and analysts anticipate a double-digit bottom-line growth.