The company reported net income for Q3 2024 of $516 million, or $1.33 per share (compared with $155 million, or $0.40 per share, in the same period last year). Core earnings were $582 million, or $1.51 per share, as adjusted (compared with $531 million, or $1.38 per share, a year earlier).

1. 01

   The company reported net income for Q3 2024 of $516 million, or $1.33 per share (compared with $155 million, or $0.40 per share, in the same period last year). Core earnings were $582 million, or $1.51 per share, as adjusted (compared with $531 million, or $1.38 per share, a year earlier).

2. 02

   The company said SCE's core EPS for Q3 2024 rose year over year, citing higher revenue authorized in Track 4 of SCE's 2021 General Rate Case and a higher authorized rate of return from the cost of capital adjustment mechanism. It said higher interest expense partially offset the increase.

3. 03

   The company said it narrowed its 2024 core EPS outlook to $4.80-$5.00 from $4.75-$5.05 as of July 25, 2024. Basic EPS guidance is $3.37-$3.57, and non-core items recorded through September 30, 2024 total $(1.43) per share.

4. 04

   The company reported net cash provided by operating activities of $3,844 million (compared with $2,546 million a year earlier) for the 9 months ended September 30 2024. Capital expenditures for the same period were $4,211 million, and net cash provided by financing activities was $364 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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