Edison International (NYSE: EIX ) is expected to report Q1 earnings around April 30. 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 decrease -8.5% and EPS will grow 88.6%.
The average estimate for revenue is $2.61 billion. On the bottom line, the average EPS estimate is $0.66.
Last quarter, Edison International tallied revenue of $3.06 billion. GAAP reported sales were 65% higher than the prior-year quarter's $1.25 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.79. GAAP EPS were -$1.65 for Q4 versus -$2.59 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 62.0%, much better than the prior-year quarter. Operating margin was 53.6%, much better than the prior-year quarter. Net margin was -26.2%, much better than the prior-year quarter.
The full year's average estimate for revenue is $12.25 billion. The average EPS estimate is $3.51.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 298 members out of 317 rating the stock outperform, and 19 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 92 give Edison International a green thumbs-up, and one 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 $49.38.
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