![EDISON INTERNATIONAL [EIX] reports quarterly net loss of $52 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FEIX.png&w=1200&q=75)
EDISON INTERNATIONAL [EIX] has reported a net loss of $52 million for quarter ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the quarter was $4.1 billion
Based in ROSEMEAD, California, EDISON INTERNATIONAL operates in the TRANSPORT sector.
Consolidated Statements of Income
In Millions of USD
Operating revenue:
Mar. 31, 2024: $4,078
Mar. 31, 2023: $3,966
Cost of goods sold:
Mar. 31, 2024: $3,833
Mar. 31, 2023: $3,346
Operating income:
Mar. 31, 2024: $245
Mar. 31, 2023: $620
Net income:
Mar. 31, 2024: $52
Mar. 31, 2023: $365
Earnings per share (basic):
Mar. 31, 2024: $(0.03)
Mar. 31, 2023: $0.81
Earnings per share (diluted):
Mar. 31, 2024: $(0.03)
Mar. 31, 2023: $0.81
SCE - Edison International's subsidiary
Operating revenue:
Mar. 31, 2024: $4,064
Mar. 31, 2023: $3,950
Cost of goods sold:
Mar. 31, 2024: $3,803
Mar. 31, 2023: $3,342
Operating income:
Mar. 31, 2024: $261
Mar. 31, 2023: $608
Net income:
Mar. 31, 2024: $106
Mar. 31, 2023: $399
Earnings per share (basic):
Mar. 31, 2024: $0.17
Mar. 31, 2023: $1.02
Earnings per share (diluted):
Mar. 31, 2024: $0.17
Mar. 31, 2023: $0.97
Comparing the first quarter of 2024 to the same period in 2023, the consolidated and SCE financial results indicate fluctuations in operating revenue, costs of goods sold, operating income, net income, and earnings per share. While the consolidated entity experienced a decrease in net income, SCE saw an increase. Operating revenue showed growth for both entities in the current reporting period compared to the previous year.
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