Investing.com - Edison reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Edison announced earnings per share of $1.19 on revenue of $3.16B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $3.16B.
Edison shares are down 11% from the beginning of the year and are trading at $55.63 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.97% from the start of the year.
Edison follows other major Utilities sector earnings this month
Edison's report follows an earnings missed by Enbridge on February 12, who reported EPS of $0.4407 on revenue of $7.41B, compared to forecasts EPS of $0.4644 on revenue of $9.63B.
Duke Energy had matched expectations on February 11 with fourth quarter EPS of $1.03 on revenue of $5.78B, compared to forecast for EPS of $1.03 on revenue of $6.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar