01.11.2016 21:15:17
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Edison International Earnings Climb 11% In Q3
(RTTNews) - Edison International (EIX) announced a profit for its third quarter that climbed from last year.
The company said its bottom line came in at $419 million, or $1.29 per share. This was higher than $377 million, or $1.16 per share, in last year's third quarter.
Analysts had expected the company to earn $1.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 0.3% to $3.77 billion. This was up from $3.76 billion last year.
Edison International earnings at a glance:
-Earnings (Q3): $419 Mln. vs. $377 Mln. last year. -Earnings Growth (Y-o-Y): 11.1% -EPS (Q3): $1.29 vs. $1.16 last year. -EPS Growth (Y-o-Y): 11.2% -Analysts Estimate: $1.27 -Revenue (Q3): $3.77 Bln vs. $3.76 Bln last year. -Revenue Change (Y-o-Y): 0.3%
-Guidance: Full year EPS guidance: $3.86 - $3.96
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