Analysts Anticipate Exelon Co. (NYSE:EXC) to Announce $0.89 EPS
Brokerages expect Exelon Co. (NYSE:EXC) to report earnings of $0.89 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Exelon’s earnings, with the lowest EPS estimate coming in at $0.85 and the highest estimate coming in at $0.95. Exelon reported earnings per share of $0.88 during the same quarter last year, which indicates a positive year-over-year growth rate of 1.1%. The company is scheduled to announce its next earnings report before the market opens on Thursday, October 31st.
On average, analysts expect that Exelon will report full year earnings of $3.15 per share for the current year, with EPS estimates ranging from $3.09 to $3.19. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.13 per share, with EPS estimates ranging from $3.00 to $3.25. Zacks’ EPS averages are an average based on a survey of analysts that cover Exelon.
Exelon (NYSE:EXC) last posted its quarterly earnings data on Thursday, August 1st. The energy giant reported $0.60 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.03). The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.03 billion. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The company’s revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS.
Shares of NYSE EXC traded down $1.05 during trading hours on Friday, hitting $46.02. 1,101,593 shares of the stock were exchanged, compared to its average volume of 5,342,837. The company has a quick ratio of 0.77, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. The company has a market cap of $46.16 billion, a PE ratio of 14.75, a PEG ratio of 4.50 and a beta of 0.26. The firm has a fifty day moving average price of $47.82 and a 200-day moving average price of $48.28. Exelon has a 12 month low of $42.80 and a 12 month high of $51.18.
A number of institutional investors have recently modified their holdings of EXC. AQR Capital Management LLC boosted its holdings in shares of Exelon by 37.0% in the 1st quarter. AQR Capital Management LLC now owns 24,339,629 shares of the energy giant’s stock valued at $1,216,738,000 after acquiring an additional 6,567,683 shares during the last quarter. Nuveen Asset Management LLC boosted its holdings in shares of Exelon by 16,120.7% in the 2nd quarter. Nuveen Asset Management LLC now owns 5,935,141 shares of the energy giant’s stock valued at $284,531,000 after acquiring an additional 5,898,551 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Exelon by 2.1% in the 2nd quarter. BlackRock Inc. now owns 73,786,054 shares of the energy giant’s stock valued at $3,537,307,000 after acquiring an additional 1,551,062 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of Exelon by 101.0% in the 2nd quarter. First Trust Advisors LP now owns 2,173,317 shares of the energy giant’s stock valued at $104,189,000 after acquiring an additional 1,092,170 shares during the last quarter. Finally, Zimmer Partners LP purchased a new stake in shares of Exelon in the 2nd quarter valued at $49,968,000. Institutional investors and hedge funds own 78.99% of the company’s stock.
Exelon Company Profile
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
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