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StocksMediumUpdated×5•Originally published 28 April 2026•Updated 28 April 2026•

1 min read

Strong Earnings from Edison International, Welltower, and Seagate Boost Market Confidence

Key Facts

1Edison International reported Q1 2026 net income of $531 million, with core EPS rising to $1.42.

2The company reaffirmed its 2026 core EPS guidance in the range of $5.90 to $6.20.

about 1 month ago

Version History

2 additional sources confirmed this story

Version 5about 1 month ago

What changed: Updated to include Edison's profit drivers from AI data center demand, the dismissal of a shareholder lawsuit, and broader U.S. power consumption growth projections.

Version 4about 1 month ago

What changed: Updated the story with Q1 revenue of $4.1 billion and noted that EPS missed analyst estimates despite the reaffirmed full-year guidance.

Version 3about 1 month ago

What changed: Updated to include Edison International's reaffirmed 2026 guidance, new long-term growth targets through 2030, and the note on lower year-over-year GAAP net income.

Version 2about 1 month ago

What changed: Updated the story to include Edison International's earnings beat against estimates, specific revenue figures, the dividend announcement, and current leverage ratios.

Version 1about 1 month ago

What changed: Expanded the story to include positive earnings updates from Welltower, Seagate, Ingersoll Rand, and PPG alongside Edison International.

Edison International exceeded first-quarter 2026 profit expectations, driven by higher electricity rates and surging demand from AI data centers. The company reaffirmed its full-year core EPS guidance of $5.90 to $6.20 following the dismissal of a shareholder lawsuit. This performance aligns with projections for U.S. power consumption growth through 2027, fueled by crypto data centers and broader electrification. Elsewhere, Welltower raised its 2026 outlook, and Seagate generated nearly $1 billion in free cash flow while reducing debt. Ingersoll Rand maintained robust liquidity, while PPG is implementing price adjustments to offset costs. Edison continues to target a long-term annual growth rate of 5% to 7% through 2030, supported by a healthy balance sheet.