Edison InternationalNYSE: EIX

I invest a lot in the Utility sector, focusing on companies in North America and Europe in my portfolio. I have been asked to provide analysis on Edison International, which I think is a solid company. However, I believe it is currently overvalued, so I do not see it as a good investment opportunity right now.

EIX's earnings for the third quarter exceeded expectations, and their revenue grew by 3.7% compared to last year. The company has also updated its earnings per share forecast for 2024.

The Edison International Q3 2024 Earnings Conference Call is set to begin at 4:30 PM ET on October 29, 2024. Key participants include Pedro Pizarro, the President and CEO, and Maria Rigatti, the EVP and CFO. The call will be hosted by Sheila, the operator, who welcomes everyone to the teleconference.

Edison International (EIX) reported quarterly earnings of $1.51 per share, which is higher than the Zacks Consensus Estimate of $1.39 per share. This is an increase compared to earnings of $1.38 per share from the same period last year.

Edison International (EIX) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

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Edison International (NYSE: EIX) will announce its financial results for the third quarter of 2024. The event is scheduled for 1:30-2:30 p.m. (PDT), and participants can join by calling 1-888-673-9780 in the U.S. or 1-312-470-0178 internationally, using the passcode "Edison." A replay of the call will be available until November 11 at 6 p.m. (PDT) at specific phone numbers for both U.S. and international callers.

ROSEMEAD, Calif.--(BUSINESS WIRE)--High school seniors who have a strong interest in science, technology, engineering, or math (STEM) are invited to apply for the Edison scholarship. Edison International has just launched the application process for its well-known Edison Scholars Program, which provides $50,000 over four years to help STEM students achieve their goals. Annually, the program gives out a total of $1.5 million in scholarships to 30 high school seniors residing in Southern California.

Pedro Pizarro, the CEO of Edison International, appears on 'Money Movers' to talk about how to manage wildfire risks while keeping utility customer rates from increasing. He also discusses the recent deal between Microsoft and Three Mile Island, among other topics.