ROSEMEAD, Calif. (AP) _ Edison International (EIX) on Thursday reported first-quarter profit of $213 million.

On a per-share basis, the Rosemead, California-based company said it had net income of 50 cents. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The electric power provider posted revenue of $2.79 billion in the period.

Edison International expects full-year earnings in the range of $4.32 to $4.62 per share.

Edison International shares have dropped 22% since the beginning of the year, while the Standard & Poor's 500 index has fallen almost 10%. In the final minutes of trading on Thursday, shares hit $58.74, a decrease of 7% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EIX at https://www.zacks.com/ap/EIX

Automated Insights, source Associated Press News