Zacks: Brokerages Anticipate Exelon Co. (NYSE:EXC) Will Announce Earnings of $0.49 Per Share

Equities analysts expect that Exelon Co. (NYSE:EXCGet Rating) will post earnings per share (EPS) of $0.49 for the current quarter, according to Zacks. Three analysts have made estimates for Exelon’s earnings, with estimates ranging from $0.47 to $0.50. Exelon posted earnings per share of $0.89 in the same quarter last year, which would suggest a negative year-over-year growth rate of 44.9%. The firm is scheduled to issue its next earnings results on Monday, January 1st.

On average, analysts expect that Exelon will report full-year earnings of $2.27 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.32. For the next year, analysts expect that the business will post earnings of $2.41 per share, with EPS estimates ranging from $2.39 to $2.46. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Exelon.

Several research firms have recently weighed in on EXC. KeyCorp lifted their target price on shares of Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 20th. StockNews.com began coverage on shares of Exelon in a research note on Thursday, March 31st. They issued a “hold” rating for the company.

EXC opened at $46.73 on Wednesday. Exelon has a twelve month low of $31.25 and a twelve month high of $50.71.

Exelon Company Profile (Get Rating)

Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, 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.

Further Reading

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