Can Edison International Beat These Numbers?

Edison International (NYSE: EIX  ) is expected to report Q2 earnings around July 31. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Edison International's revenues will wane -4.2% and EPS will compress -29.6%.

The average estimate for revenue is $2.86 billion. On the bottom line, the average EPS estimate is $0.38.

Revenue details
Last quarter, Edison International logged revenue of $2.86 billion. GAAP reported sales were 2.7% higher than the prior-year quarter's $2.78 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.35. GAAP EPS of $0.28 for Q1 were 54% lower than the prior-year quarter's $0.61 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 27.1%, 410 basis points worse than the prior-year quarter. Operating margin was 11.1%, 510 basis points worse than the prior-year quarter. Net margin was 3.3%, 390 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $12.59 billion. The average EPS estimate is $2.65.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 298 members out of 315 rating the stock outperform, and 17 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Edison International a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Edison International is outperform, with an average price target of $46.28.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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  • Report this Comment On July 30, 2012, at 8:55 PM, fool1953 wrote:

    It would appear the numbers above do not include one time charges. Didn't EIX take 2nd quarter write offs on Midwest Generation and won't there be significant charges with San Onfre repairs and replacement power costs. Just asking. Are these losses not significant enough to effect the dividend and a dividend increase for later this year? I assume the price of the stock will stay up as long as the dividend looks healthy and intact. Any opinions?

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10/24/2016 4:01 PM
EIX $71.26 Up +0.36 +0.51%
Edison Internation… CAPS Rating: **