Edison International Q3 2026 Earnings Recap

Edison International shares fell 1.0% after earnings, a roughly flat reaction. The company reaffirmed 2026 core EPS guidance, while the call highlighted unresolved wildfire-liability reform and the risk that higher financing costs could constrain future investment.

Key Takeaways

• Third-quarter core EPS was $1.92; year-to-date core EPS reached $4.89.
• Edison reaffirmed 2026 core EPS guidance of $5.90–$6.20.
• Management said the legislative session ended without durable wildfire reform and is advocating for a special session; it warned that delay into 2027 could have significant and costly consequences.
• The company said higher financing costs could lead SCE to request less capital for electrification, clean-energy transition and economic-growth projects, with safety, reliability and compliance prioritized.
• SCE has hardened approximately 90% of its distribution system in high-fire-risk areas and installed more than 7,200 miles of covered conductor.