EIX

AI Research

Earnings beat and analyst upgrade → EPS of $1.87 exceeds $1.47 estimate; Barclays raises target to $78

Edison International reported quarterly EPS of $1.87, significantly beating the $1.47 consensus estimate, with revenue of $5.21B versus expected $4.29B, reflecting strong operational performance. Barclays raised its price target from $67 to $78 with an overweight rating, supporting the 17.4% year-to-date stock gain. The company trades at a 6.21 P/E ratio with 4.7% dividend yield, though wildfire liability risks remain a concern for California utilities.