Southern California Edison CO
Market Movers (8-K)
NYSE
Edison International announced robust second-quarter 2026 financial results, driven by regulatory decisions and operational efficiencies, reaffirming full-year guidance and long-term growth targets.
NYSE
SCE Recovery Funding LLC has issued $1.95 billion in Senior Secured Recovery Bonds, Series 2026-A, to finance wildfire cost recovery.
Capital raise
NYSE
Southern California Edison Company and SCE Recovery Funding LLC have entered into an underwriting agreement for the issuance of $1,953,948,000 in Senior Secured Recovery Bonds, Series 2026-A.
Capital raise
NYSE
Southern California Edison Company announced the sale of $500 million in 4.95% First and Refunding Mortgage Bonds, Series 2026B, due 2031.
Capital raise
NYSE
Edison International reported first-quarter 2026 core EPS of $1.42, affirming its full-year guidance and long-term growth targets.
NYSE
Southern California Edison Company successfully priced $1.2 billion in First and Refunding Mortgage Bonds across two series to bolster its financial position.
Capital raise
Quarterly Earnings (10-Q)
NYSE
Edison International reports mixed financial results for Q2 2026, with SCE's core earnings up but overall net income down due to non-core items and wildfire impacts.
NYSE
Edison International reported a significant decrease in net income for the first quarter of 2026 compared to the prior year, primarily due to wildfire-related costs and a shift in non-core earnings, despite an increase in SCE's core earnings.
Worse than expected
NYSE
Edison International reported a significant increase in third-quarter and year-to-date earnings, driven by favorable regulatory decisions and wildfire cost recoveries, despite new wildfire-related losses and a credit rating downgrade.
Delay expected
Better than expected
Capital raise
NYSE
Edison International's half-year earnings surged due to a major wildfire settlement recovery, despite a Q2 decline and the emergence of significant unquantified liabilities from the recent Eaton Fire.
Delay expected
Better than expected
Capital raise
NYSE
Edison International's first quarter 2025 earnings significantly increased due to cost recoveries from the TKM Settlement Agreement, offset by expenses related to the ongoing Eaton Fire investigation.
Worse than expected
Delay expected
NYSE
Edison International's third quarter 2024 earnings increased $361 million compared to the same period in 2023, driven by improved performance at Southern California Edison.
Delay expected
Annual Reports (10-K)
NYSE
SCE Recovery Funding LLC and its servicers confirm material compliance with SEC Regulation AB servicing criteria for asset-backed securities for the fiscal year ended December 31, 2025.
NYSE
SCE Recovery Funding LLC's servicer, Southern California Edison Company, reports compliance with servicing criteria for asset-backed securities for the year ended December 31, 2024, while BNY Mellon Trust Company, N.A., as Indenture Trustee, reports a material noncompliance related to remittance timelines.
Worse than expected
Delay expected
NYSE
Edison International's 2024 earnings rose by $87 million, driven by Southern California Edison's improved performance, despite ongoing wildfire-related costs and investigations.
Delay expected
NYSE
Southern California Edison's servicing of asset-backed securities was found to be compliant in all material respects, except for a minor issue with investor reporting calculations.
Worse than expected
NYSE
Edison International has amended and restated its executive deferred compensation, retirement, and severance plans, effective January 1, 2024, to ensure compliance with regulatory requirements and provide updated benefits.