utility stock navigates wildfire risks, clean energy push By Investing.com
Edison International (NYSE:), a prominent player in the Power & Utilities sector, finds itself at the intersection of California’s ambitious clean energy goals and the ongoing challenges posed by wildfire risks. As the company navigates this complex landscape, investors and analysts are closely watching its performance and strategic decisions.
Financial Performance and Outlook
Edison International’s financial performance has been a topic of interest for analysts and investors alike. The company’s third-quarter 2024 earnings report provided insights into its current financial position and future prospects. With revenue growth of 4.04% over the last twelve months and an EBITDA of $6.44 billion, the company has maintained profitability…