WASHINGTON (dpa-AFX) - Edison International (EIX) reported first-quarter net income attributable to common shareholders of $93 million or $0.28 per share, compared to $200 million or $0.61 per share in the year-ago quarter.
First quarter 2012 core earnings were $117 million or $0.35 per share, down from $212 million or $0.65 per share in the prior year quarter.
On average, 12 analysts polled by Thomson Reuters expected earnings of $0.49 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenue for the quarter rose to $2.86 billion from $2.78 billion in the year-ago quarter, while four street analysts had a consensus revenue estimate of $3.05 billion for the quarter.
The company said it would provide 2012 earnings guidance after SCE has received a final decision on its 2012 General Rate Case from the California Public Utilities Commission or CPUC.
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