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Its headquarters in Rosemead, California, Edison International (EIX) is a major energy company that operates primarily through South California Edison (SCE), which provides electricity to millions of people through coastal, central and southern California.

The company is obligated to clean energy, invest in updating the electrical network and expanding renewable energy sources. Edison International also explores innovative energy technologies, with the aim of supporting the transition to a low -carbon economy and enhancing long -term sustainability during its service areas. It has a market value of $ 21.36 billion.

Over the past 52 weeks, Edison has decreased by 33.3 %. It reached an increase of 52 weeks at 88.77 dollars in September 2024, but now decreased by 37.3 % from this high. This year, the stock decreased by 30.3 %. The stock was weak in the broader S&P 500 index ($ SPX), which gained 16.1 % and 9.7 % during the same periods, respectively.

Focusing on our attention on the company’s sector, we note that the stock may also fail from the SPDR Sector Sector Sector (XLU) box, which has gained 14.5 % over the course of 52 weeks and 12.6 % on an annual basis (YTD).

The arrow’s contraction is likely to be the result of Eiton’s huge fire earlier this year. In addition, with regard to the 2020 Bobcat Fire fire, SCE had to pay $ 82.5 million of settlements to compensate for taxpayers for fire control expenses and environmental restoration costs, as she was accused of neglecting to maintain their infrastructure.

However, Edison’s shares increased by approximately 2 % after the company reported strong results in the second quarter on July 31. The quarterly operating revenue increased by 4.8 % on an annual basis (YOY) to $ 4.54 billion, which was more than $ 4.19 billion from Wall Street analysts. The company has reported basic profits for $ 0.97. While this number was less than $ 1.23 was reported a year ago, it was higher than $ 0.88 that analysts expected.

For the current year, which ends in December 2025, Wall Street analysts expect 23.1 % on an annual basis in the arrow profit to $ 6.07 on a reduced basis. The company has a mixed history of unanimity estimates, its export in three out of four quarters and its loss on one occasion.