Edison International Earnings Fall 19% In Q4

(RTTNews) - Edison International (EIX) revealed a profit for fourth quarter that lost ground from last year.

The company said its bottom line totaled $287 million, or $0.88 per share. This was down from $355 million, or $1.08 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 24.8% to $2.34 billion. This was down from $3.11 billion last year.

Edison International earnings at a glance:

-Earnings (Q4): $287 Mln. vs. $355 Mln. last year. -Earnings Decline (Y-o-Y): -19.2% -EPS (Q4): $0.88 vs. $1.08 last year. -EPS Decline (Y-o-Y): -18.5% -Analysts Estimate: $0.60 -Revenue (Q4): $2.34 Bln vs. $3.11 Bln last year. -Revenue Change (Y-o-Y): -24.8%