Edison International Announces Increase In Q2 Bottom Line, Beats Estimates

(RTTNews) - Edison International (EIX) reported a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $439 million, or $1.13 per share. This compares with $354 million, or $0.92 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.4% to $4.336 billion from $3.964 billion last year.

Edison International earnings at a glance (GAAP) :

-Earnings (Q2): $439 Mln. vs. $354 Mln. last year. -EPS (Q2): $1.13 vs. $0.92 last year. -Revenue (Q2): $4.336 Bln vs. $3.964 Bln last year.

-Guidance: Full year EPS guidance: $4.75-$5.05