AI English summary of an SEC filing — figures as filed
Edison International EIXEdison International said net income for Q4 2024 was $340 million, or $0.88 per share, down from $378 million, or $0.99 per share, in the prior-year quarter. The company said full-year 2024 net income was $1,284 million, or $3.33 per share, compared to 2023 net income of $1,197 million, or $3.12 per share.
Key points
AI summaryEdison International said net income for Q4 2024 was $340 million, or $0.88 per share, down from $378 million, or $0.99 per share, in the prior-year quarter. The company said full-year 2024 net income was $1,284 million, or $3.33 per share, compared to 2023 net income of $1,197 million, or $3.12 per share.
Edison International said core earnings for Q4 2024 were $405 million, or $1.05 per share, compared to $490 million, or $1.28 per share, in the prior-year quarter, and full-year core earnings were $1,900 million, or $4.93 per share, compared to 2023 core earnings of $1,825 million, or $4.76 per share. The company cited higher operation and maintenance expense and higher interest expense as factors in the decrease in SCE's Q4 core EPS.
Edison International said the TKM settlement was approved, authorizing $1.6 billion of cost recovery for pre-AB 1054 wildfire. The company provided revised 2025 core EPS guidance of $5.94 to $6.34, which includes the impact of the TKM settlement.
Edison International disclosed that full-year 2024 net cash from operating activities was $5,014 million, capital expenditures were $5,707 million and common stock dividends paid were $1,198 million. The company declared a quarterly common stock dividend of $0.8275 per share.
Summary
AI-writtenAnalysis 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.
Q4 2024 and Full-Year GAAP Net Income and EPS
Edison International said net income for Q4 2024 was $340 million, or $0.88 per share, down from $378 million, or $0.99 per share, in the prior-year quarter. The company said full-year 2024 net income was $1,284 million, or $3.33 per share, compared to 2023 net income of $1,197 million, or $3.12 per share.
Source · Based on the filing body and exhibits
Core Earnings and SCE Q4 Changes
Edison International said core earnings for Q4 2024 were $405 million, or $1.05 per share, compared to $490 million, or $1.28 per share, in the prior-year quarter, and full-year core earnings were $1,900 million, or $4.93 per share, compared to 2023 core earnings of $1,825 million, or $4.76 per share. The company cited higher operation and maintenance expense and higher interest expense as factors in the decrease in SCE's Q4 core EPS.
Source · Based on the filing body and exhibits
TKM Settlement and 2025 Core EPS Guidance
Edison International said the TKM settlement was approved, authorizing $1.6 billion of cost recovery for pre-AB 1054 wildfire. The company provided revised 2025 core EPS guidance of $5.94 to $6.34, which includes the impact of the TKM settlement.
Source · Based on the filing body and exhibits
Full-Year 2024 Cash Flow, Capital Expenditures and Dividends
Edison International disclosed that full-year 2024 net cash from operating activities was $5,014 million, capital expenditures were $5,707 million and common stock dividends paid were $1,198 million. The company declared a quarterly common stock dividend of $0.8275 per share.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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