02.05.2024 14:16:41 - dpa-AFX: Exelon Q1 Earnings Miss, While Revenue Rises

CHICAGO (dpa-AFX) - Utility company Exelon Corporation (EXC) Thursday
reported net profit of $658 million or $0.66 per share, lower than $669 million
or $0.67 per share in the same quarter a year ago. Earnings, however missed
analysts' view.

Excluding special items, adjusted operating earnings were $685 million or $0.68
per share compared with $696 million or $0.70 per share last year.

Revenue for the quarter increased to $6.043 billion from $5.563 billion in the
previous year.

Analysts on average polled by Thomson-Reuters expected the company to report
earnings of $0.70 per share on revenue of $5.57 billion for the quarter.
Analysts' estimates typically exclude special items.

Looking ahead, Exelon has reaffirmed its full-year adjusted operating earnings
outlook in the range of $2.40 per share -$2.50 per share. The consensus
estimate stands at $2.44 per share.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EXELON CORP. 852011 Frankfurt 35,415 17.05.24 08:00:15 -0,035 -0,10% 0,000 0,000 35,415 35,450

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH