Last week, you might have seen that Edison International (NYSE:EIX) released its first-quarter result to the market. The early response was not positive, with shares down 6.3% to US$54.56 in the past week. Revenues missed the mark, coming in 11% below forecasts, at US$3.8b. Statutory profits were a real bright spot in contrast, with per-share profits of US$3.72 being a notable 272% above what the analysts were modelling. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Following the latest results, Edison International's 13 analysts are now forecasting revenues of US$18.5b in 2025. This would be a credible 6.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to drop 15% to US$6.06 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$18.4b and earnings per share (EPS) of US$5.23 in 2025. Although the revenue estimates have not really changed, we can see there's been a solid gain to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

Check out our latest analysis for Edison International

The consensus price target was unchanged at US$69.88, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Edison International at US$86.00 per share, while the most bearish prices it at US$50.50. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Edison International's growth to accelerate, with the forecast 9.1% annualised growth to the end of 2025 ranking favourably alongside historical growth of 6.5% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 5.1% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Edison International is expected to grow much faster than its industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Edison International following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Edison International going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 4 warning signs we've spotted with Edison International (including 2 which don't sit too well with us) .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.