Exelon Corp Q2 adjusted earnings Beat Estimates

Exelon Corp (EXC) reported earnings for second quarter that decreased from last year.

The company's bottom line totaled $401 million, or $0.41 per share. This compares with $521 million, or $0.53 per share, in last year's second quarter.

Excluding items, Exelon Corp reported adjusted earnings of $869 million or $0.89 per share for the period.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.2% to $7.92 billion from $7.32 billion last year.

Exelon Corp earnings at a glance:

-Earnings (Q2): $869 Mln. vs. $536 Mln. last year.
-EPS (Q2): $0.89 vs. $0.55 last year.
-Analysts Estimate: $0.60
-Revenue (Q2): $7.92 Bln vs. $7.32 Bln last year.

-Guidance:
Full year EPS guidance: $2.60 - $3.00

by RTTNews Staff Writer

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