Edison International adjusted 2Q EPS, revenue top forecasts

Fri. August 08, 2008; Posted: 08:43 AM

NEW YORK, Aug 08, 2008 (Thomson Financial via COMTEX) -- EIX | Quote | Chart | News | PowerRating -- Edison International Friday reported adjusted second-quarter earnings of $262 million, or 79 cents a share, while revenue rose to $3.38 billion.

The mean estimate of analysts polled by Thomson Reuters was for earnings of 75 cents a share and revenue of $3.25 billion.

In the year-ago period, the company reported adjusted earnings of $239 million, or 73 cents a share, on revenue of $3.05 billion.

Edison affirmed its 2008 adjusted earnings estimate of $3.61 to $4.01 a share. Wall Street is looking for $3.92 a share.

Shares of Edison closed Thursday at $46.45. Ryan Vlastelica rv/tk1

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For full details on Edison International (EIX) click here. Edison International (EIX) has Short Term PowerRatings of 4. Details on Edison International (EIX) Short Term PowerRatings is available at This Link.

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