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Exelon Corp Q3 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Exelon Corp (EXC) announced a profit for third quarter that fell from last year.

The company's earnings came in at $501 million, or $0.51 per share. This compares with $772 million, or $0.79 per share, in last year's third quarter.

Excluding items, Exelon Corp reported adjusted earnings of $1.02 billion or $1.04 per share for the period.

Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.9% to $8.85 billion from $8.93 billion last year.

Exelon Corp earnings at a glance:

-Earnings (Q3): $1.02 Bln. vs. $0.90 Bln. last year.
-EPS (Q3): $1.04 vs. $0.92 last year.
-Analysts Estimate: $0.87
-Revenue (Q3): $8.85 Bln vs. $8.93 Bln last year.

-Guidance:
Full year EPS guidance: $3.00 - $3.20

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