** Shares of Edison International EIX.N down 9% at $53.42
** Co late on Tuesday posted Q1 adj. profit of $1.37/shr, beating analysts' estimate of $1.20/shr - data compiled by LSEG
** Co faces multiple lawsuits which allege that its electrical equipment started one of the major wildfires in the Los Angeles area in January
** Morningstar analyst Travis Miller says wildfire liability concerns are overshadowing a good quarter for EIX
** Miller notes EIX flagged that material losses from the Eaton fire in January were "probable", but still did not provide a loss estimate
** "We think the market is overestimating Edison's wildfire liabilities" - Miller says
** Including session's moves, company's shares down 33.2% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。