Edison International (NYSE: EIX) earned $0.76 per share, down from $0.91 last year, but much better than our $0.57 estimate, in the three months that ended 31 March 2009. This was the first quarter of the company's fiscal 2009.
The spreadsheet below compares the actual results to our Income Statement model of Edison International. Please note that our arrangement of data may differ in material respects from the company's presentation.
We will post a thorough evaluation soon.
http://sheet.zoho.com/public/ncarvin/eix-income-statement-2009q1?mode=html
Full disclosure: Long EIX at time of writing.
08 May 2009
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