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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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