Markets EXC

Exelon Corp Q3 Profit Increases, Beats Estimates

(RTTNews) - Exelon Corp (EXC) revealed a profit for its third quarter that Increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $875 million, or $0.86 per share. This compares with $707 million, or $0.70 per share, last year.

Excluding items, Exelon Corp reported adjusted earnings of $874 million or $0.86 per share for the period.

Analysts on average had expected the company to earn $0.78 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 9.0% to $6.705 billion from $6.154 billion last year.

Exelon Corp earnings at a glance (GAAP) :

-Earnings: $875 Mln. vs. $707 Mln. last year. -EPS: $0.86 vs. $0.70 last year. -Revenue: $6.705 Bln vs. $6.154 Bln last year.

-Guidance: Full year EPS guidance: $2.64 - $2.74

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available