By Anastasia Tomazhenkova: A public utility holding company Edison International posted that its quarterly earnings fell to 211 million dollars, or
Exclude special items, earnings were 65 cents a share, unchanged from a year ago.
The Rosemead, Calif., energy holding company said income from continuing operations declined to 214 million dollars, or
Quarterly operating revenues rose 4.7% to 3.211 million dollars from 3.067 million dollars in the same quarter last year. Three analysts estimated revenues of 3.50 billion dollars.
On average, analysts polled by Thomson Financial expected per-share earnings of
For fiscal 2007, the company's net profit was 1.098 million dollars or 3.33 dollars a share compared to 1.181 million dollars or 3.58 dollars a share in the previous year.
Excluding non-core items, 2007 core earnings increased 20% to 3.69 dollars a share from 3.07 dollars a share last year, reflecting strong operating performance at Southern California Edison and Edison Mission Group.
Edison expects 2008 earnings of 3.61 dollars to 4.01 dollars a share.
NATO Secretary General Jens Stoltenberg was surprised to know that the Serbs had not forgiven the alliance for bombing their country. Mr. Stoltenberg wants to now why the ungrateful people did not appreciate NATO's aggression