| EIX |
Report |
Q2 Core EPS |
BEAT |
pred ~$1.05 vs. cons ~$1.02 |
LOW |
| EIX |
Report |
Eaton Fire loss estimate / new reserve accrual |
IN-LINE |
pred ~$0 new estimable range vs. cons ~$0 (no number expected) |
MEDIUM |
| EIX |
Report |
WRCP claims paid (cumulative, Eaton) |
IN-LINE |
pred ~$250M paid vs. ~$100M prior-quarter run-rate |
LOW |
| EIX |
Guide |
FY2026 core EPS guidance |
UNCHANGED |
guide reaffirmed $5.90–$6.20 vs. cons ~$6.05 (FY2026) |
HIGH |
| EIX |
Guide |
2028 core EPS target / 5–7% CAGR |
UNCHANGED |
guide $6.74–$7.14 vs. cons ~$6.90 (FY2028) |
MEDIUM |
| EIX |
Guide |
FFO-to-debt & no-new-equity framework |
UNCHANGED |
guide 15–17% FFO/debt, $0 equity vs. cons 15–17% (thru 2030) |
MEDIUM |
| EIX |
Guide |
CA wildfire/affordability legislation (Aug 31 deadline) commentary |
UNKNOWN |
guide resist ~$373M Edison share vs. $3.9B fund ask (2026 session) |
LOW |
| EIX |
Return |
Day-1 residual (stock − beta × S&P 500) |
-1.5% |
— |
LOW |
| EIX |
Return |
5-day cumulative residual |
-2.5% (FADE) |
The print itself is a non-event: a modest seasonal-Q2 core EPS beat with reaffirmed (not raised) FY26 guide provides no upward out-period revisions, so the beat does not lift the numbers. With EIX up ~30% YTD to ~$79 and a lot of the 'legislation passes / Eaton manageable' outcome already priced, the bar is high. Absence of an Eaton loss estimate plus lingering binary risk into the Aug 31 legislative window skews the 5-day drift lower as any relief pop fades back toward pre-print levels. |
LOW |