Valued at $22.8 billion by market cap, Edison International (EIX) is a leading energy company serving millions of customers across Southern California. Headquartered in Rosemead, California, the company, through its primary subsidiary, Southern California Edison, provides reliable and sustainable electric power to residential, commercial, and industrial customers. The company is set to announce its Q4 earnings on Thursday, Feb. 27.
Ahead of this event, analysts expect the utility company to report a profit of $1.07 per share, down 16.4% from $1.28 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projections over the past four quarters.
