Edison International Reveals 9% Fall In Q1 Bottom Line

(RTTNews) - Edison International (EIX) reported earnings for first quarter that retreated from last year.

The company said its earnings totaled $268 million, or $0.82 per share. This was down from $294 million, or $0.90 per share, in last year's first quarter.

Analysts had expected the company to earn $0.88 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.8% to $2.44 billion. This was down from $2.51 billion last year.

Edison International earnings at a glance:

-Earnings (Q1): $268 Mln. vs. $294 Mln. last year. -Earnings Decline (Y-o-Y): -8.8% -EPS (Q1): $0.82 vs. $0.90 last year. -EPS Decline (Y-o-Y): -8.9% -Analysts Estimate: $0.88 -Revenue (Q1): $2.44 Bln vs. $2.51 Bln last year. -Revenue Change (Y-o-Y): -2.8%

-Guidance: Full year EPS guidance: $3.81 to $4.01