EIX FY2026 Q1 개선

Edison International 실적 발표

Apr 28, 2026 · 16:30 ET Aaron MossMaria RigottiPedro Pizarro earningscall_biz

Buzzberg 분석

Wildfire compensation program early, over $500 million offered

Edison International reported a strong start to 2026 with core EPS of $1.42 and reaffirmed its full-year guidance. Management provided updates on wildfire mitigation progress and the ongoing WRCP, while emphasizing the need for legislative action on wildfire risk allocation in California. Reaffirmed 2026 core EPS guidance of $5.90-$6.20 and long-term EPS growth of 5%-7%.

Buzzberg 분석 Wildfire compensation program early, over $500 million offered Edison International reported a strong start to 2026 with core EPS of $1.42 and reaffirmed its full-year guidance. Management provided updates on wildfire mitigation progress and the ongoing WRCP, while emphasizing the need for legislative action on wildfire risk allocation in California. Reaffirmed 2026 core EPS guidance of $5.90-$6.20 and long-term EPS growth of 5%-7%. 전체 분석 보기분석 접기

No new common equity expected through 2030.
SCE's Wildfire Mitigation Plan was approved by the Office of Energy and Infrastructure Safety.
Over 1,500 offers totaling $500 million have been extended under the WRCP, but total costs remain uncertain.

매출$4.103B-21% 전분기 대비

주당순이익(EPS)$1.42-24% 전분기 대비

매출총이익률76.36%보고값

영업이익률26.18%보고값

근거 있는 핵심 내용 6개

지금 중요한 점

이번 발표에서 가장 의미 있는 변화를 정리했습니다.

Wildfire

Wildfire compensation program early, over $500 million offered

Regulation

Legislative action on wildfire risk urgent; no timeline

Capital Allocation

No new common equity needed through 2030

핵심 내용 3개 더 보기

AI tool could save $25 million in unbilled revenue

Affordability

SCE targets rate increases at or below inflation through 2030

Capex

AMI 2.0 application filed, $3.1 billion capital request

보고 기간

보고 실적

지표	보고값	변화
매출	$4.103B	-21% 전분기 대비
주당순이익(EPS)	$1.42	-24% 전분기 대비
매출총이익률	76.36%	보고값
영업이익률	26.18%	보고값
잉여현금흐름	$-0.112B	보고값
자본지출	$1.539B	보고값

향후 전망

향후 가이던스

지표	기간	범위	중간값	상태
자본지출	FY2030	$38B–$41B	$39.5B	유지
주당순이익(EPS)	FY2026	$5.90–$6.20	$6.05	유지

AI, 자본지출 및 수요 분석

경영진 분석

톤

Confident

Management reaffirmed guidance and long-term targets, emphasized strong regulatory visibility and execution discipline, and expressed confidence in the financial trajectory without new equity needs.

경영진의 AI 분석

Management highlighted AI and machine learning as tools to improve grid inspections, vegetation management, wildfire situational awareness, and operational efficiency, with a specific example of an AI-driven approach expected to yield roughly $25 million in potential unbilled revenue savings over three to six months.

자본지출

투자 및 생산능력

SCE's capital plan of $38-41 billion from 2026-2030 is unchanged, focused on grid investments to support electrification and clean energy objectives, with expected rate base growth of about 7% annually through 2030. The plan includes the NextGen ERP program and the AMI 2.0 application requesting about $3.1 billion through 2033.

외부 신호

공급망 알파 · 2발표 이후 수익률

SCE anticipates ~$25 million in unbilled revenue savings over a 3-6 month period from an internal AI-driven initiative to detect when electricity usage is not linked to an active customer billing record.

Pedro Pizarro

근거

“we anticipate this approach could yield roughly $25 million in potential unbilled revenue savings over a three- to six-month period”

SCE has extended over 1,500 offers totaling over $500 million through the WRCP, which is still a small fraction of the 18,000 eligible properties and over 30,000 plaintiffs that have filed claims.

Pedro Pizarro

근거

“around 18,000 properties that qualify for the program”

방법론 및 범위

경영진 발언만 분석합니다. 검증된 기업 언급 0개를 모두 표시하며, 보고 실적과 향후 가이던스를 분리합니다. 공개 근거는 화자가 표시된 짧은 인용문 8개로 제한됩니다. AI 분석은 불완전하거나 틀릴 수 있으므로 중요한 주장은 원문에서 확인하세요.