Edison shares finished down 0.9% following first quarter 2026 results, with a generally neutral investor reaction as the company reaffirmed core EPS guidance and continued its focus on wildfire mitigation, grid reliability, and legislative engagement. There was no material disappointment or upside surprise in the print, and management reiterated long-term growth targets.

• Reported Q1 2026 core EPS was $1.42; management reaffirmed full-year and long-term (5-7% CAGR) core EPS guidance.
• Capital plan and SCE’s regulatory outlook remain unchanged; company highlighted strong visibility into planned investments supporting future growth.
• Wildfire mitigation efforts continue, with 93% of planned grid hardening work in high risk areas completed and deployment of AI/ML technologies to enhance grid inspection and safety.
• Legislative and regulatory developments, particularly around wildfire liability reform and affordability, remain a priority as Edison engages policymakers on potential changes impacting utilities.
• CFO Maria Rigatti announced her upcoming retirement; financial leadership transition is expected, but no operational or guidance changes were indicated.