) will release its fourth quarter 2012 financial results before
the market opens on Feb 7, 2013. In the prior quarter, this
electric utility reported an earnings surprise of 6.94%. Exelon
Corporation currently has a Zacks Rank #3 (Hold). Let's see how
things are shaping up at Exelon prior to this announcement.
Factors to Consider This Quarter
As in the preceding quarter, the accretive benefits from the
merger with Constellation are expected to boost results.
However, the sluggish pace of economic recovery in the U.S.
has forced Exelon to reschedule its long-term capex plans. The
slackness in demand has led Exelon to delay the completion of
Like other utilities based in the East Coast, the aftermath of
Hurricane Sandy will impact the results of the company in the
fourth quarter of 2012.
Our proven model does not conclusively show that Exelon
Corporation is likely to beat earnings this quarter. This is
because a stock needs to have both a positive earnings Expected
Surprise Prediction (ESP) (Read:
Zacks Earnings ESP: A Better Method
) and a Zacks Rank of #1, 2 or 3 for this to happen. This is not
the case here.
Negative Zacks ESP
: This is because the Most Accurate estimate stands at 63 cents
while the Zacks Consensus Estimate is higher at 65 cents. That is
a difference of -3.08%.
Zacks Rank #3 (Hold)
: Exelon's Zacks Rank #3 enhances the possibility of an earnings
surprise. However the negative ESP complicates the forecasting
power making surprise prediction difficult.
We caution investors against the stock going into the earnings
announcement, as a Zacks earnings ESP of -3.08% lowers the
possibility of an earnings surprise.
Other Stocks to Consider
Other companies you may want to consider on the basis of our
model which shows that they have the right combination of
elements to post an earnings beat this quarter are as
TECO Energy Inc.
) has earnings ESP of +14.29% and Zacks Rank #3 (Hold).
Otter Tail Corporation
) has earnings ESP of +6.67% and Zacks Rank #3 (Hold).
) has earnings ESP of +6.52% and Zacks Rank #3 (Hold).
EXELON CORP (EXC): Free Stock Analysis Report
OTTER TAIL CORP (OTTR): Free Stock Analysis
PPL CORP (PPL): Free Stock Analysis Report
TECO ENERGY (TE): Free Stock Analysis Report
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