Pepco (NASDAQ:POM) Announces Quarterly Earnings Results

Pepco (NASDAQ:POM) announced its quarterly earnings data on Tuesday. The utilities provider reported ($2.19) EPS for the quarter, FiscalAI reports. The business had revenue of $13.62 million for the quarter.

Pepco Price Performance

NASDAQ:POM opened at $0.93 on Wednesday. The company’s 50-day moving average price is $0.85 and its 200-day moving average price is $2.67. Pepco has a twelve month low of $0.50 and a twelve month high of $115.74.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Pepco from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Pepco currently has an average rating of “Sell”.

About Pepco

Pepco Holdings, Inc was a regulated electric utility holding company that operated through several regional utility subsidiaries. Its businesses focused on the generation procurement, transmission, distribution and retail delivery of electricity to residential, commercial and governmental customers.

The company’s principal utilities included Potomac Electric Power Company (Pepco), which served customers in Washington, DC, and parts of Maryland; Delmarva Power, which operated in Delaware and portions of Maryland and Virginia; and Atlantic City Electric, which served southern New Jersey.