Edison Int'l Q3 Profit Rises, Lifts FY13 Outlook - Quick Facts

(RTTNews) - Edison International (EIX) Tuesday reported third-quarter profit of $438 million or $1.34 per share, up from $190 million or $0.58 per share in the same period last year.

On average, 16 analysts polled by Thomson Reuters expected the company to earn $1.23 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $3.96 billion from $3.73 billion last year. Analysts expected revenues of $3.48 billion.

Looking ahead, the company currently projects full-year 2013 earnings in a range of $2.50 to $2.60 per share, up from its previous guidance range of $2.22 - $2.42 per share.

Core earnings are expected to be in the order of $3.60 to $3.70 per share, up from $3.25 to $3.45 per share, issued previously. Analysts currently expect full-year earnings of $3.36 per share.