Edison International posts Q1 loss of $0.03 per share on $490 million wildfire charge
Edison International reported a first-quarter 2024 net loss of $11 million, or $0.03 per share, compared with net income of $310 million, or $0.81 per share, a year earlier. The company raised its estimate of losses from the 2017/2018 wildfire and mudslide events by $490 million, and it affirmed its 2024 core EPS guidance of $4.75 to $5.05 while core EPS rose to $1.13 from $1.09.
Key points
- Q1 2024 net loss of $11 million, or $0.03 per share, versus net income of $310 million, or $0.81 per share, in Q1 2023
- Core EPS of $1.13 versus $1.09 a year earlier; core earnings of $438 million
- $490 million increase in estimated losses for the 2017/2018 Wildfire/Mudslide Events; net after-tax charge of $333 million
- 2024 core EPS guidance of $4.75 to $5.05 affirmed; basic EPS guidance of $3.59 to $3.89 reflects $1.16 per share of non-core items
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.