Edison International: Initiation of Coverage – What Is Their Competitive Advantage In Their Domain?

Edison International has demonstrated a solid start to the year in its first quarter 2024 results, showcasing both strengths and areas of cautious consideration. The company reported a core EPS of $1.13 and reaffirmed its 2024 core EPS guidance range of $4.70 to $5.05. This performance reflects the company’s robust operational strategy and ongoing investments in infrastructure and safety measures, particularly in response to the persistent threat of wildfires in its service areas.