Investing.com - Edison reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Edison announced earnings per share of $1.69 on revenue of $5.3B. Analysts polled by Investing.com anticipated EPS of $1.74 on revenue of $4.81B.
Edison shares are down 16% from the beginning of the year and are trading at $63.54 , down-from-52-week-high.They are under-performing the S&P 500 which is up 23.31% from the start of the year.
Edison shares gained 0.03% in after-hours trade the report.
Edison follows other major Utilities sector earnings this month
Edison's report follows an earnings beat by NextEra Energy on Wednesday, October 20, 2021, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
ENI ADR had beat expectations on Friday with third quarter EPS of $0.9272 on revenue of $22.05B, compared to forecast for EPS of $0.7213 on revenue of $19.3B.
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