Edison International — Feb 27, 2025 release

AP EPS of $ 0.88; Core EPS of $1.05 • Full-year 2024 GAAP EPS of $3.33; Core EPS of $4.93 • TKM settlement approved, authorizing $1.6 billion of cost recovery for pre-AB 1054 wildfire • Revised 2025 Core EPS guidance of $5.94-$6.34 includes impact of TKM settlement • Continued confidence in delivering 5-7% Core EPS growth from $5.84 (2025) to $6.74-$7.14 (2028) ROSEMEAD, Calif., Feb. 27, 2025 — Edison International (NYSE: EIX) today reported fourth-quarter net income of $340 million, or $ 0.88 per share, compared to net income of $378 million, or $0.99 per share, in the fourth quarter of last year. As adjusted, fourth-quarter core earnings were $405 million, or $1.05 per share, compared to core earnings of $490 million, or $1.28 per share, in the fourth quarter of last year. Southern California Edison’s fourth-quarter 2024 core earnings per share (EPS) de creased year over year, primarily due to higher operation and maintenance expense and higher interest expense, partially offset by higher revenue authorized in Track 4 of SCE's 2021 General Rate Case and an increase in the authorized rate of return resulting from the cost of capital adjustment mechanism. Edison International Parent and Other’s fourth-quarter 2024 core loss per share in creased year over year, primarily due to higher interest expense and gains on preferred stock repurchases in 2023 . “The catastrophic impact of the recent wildfires underscor