02.08.2023 12:58:03 - dpa-AFX: Exelon Corp Q2 Profit Decreases, but beats estimates

CHICAGO (dpa-AFX) - Exelon Corp (EXC) revealed a profit for second quarter
that decreased from last year but beat the Street estimates.

The company's bottom line totaled $343 million, or $0.34 per share. This
compares with $465 million, or $0.47 per share, in last year's second quarter.

Excluding items, Exelon Corp reported adjusted earnings of $408 million or $0.41
per share for the period.

Analysts on average had expected the company to earn $0.40 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 13.7% to $4.82 billion from $4.24
billion last year.

Exelon Corp earnings at a glance (GAAP) :

-Earnings (Q2): $343 Mln. vs. $465 Mln. last year.
-EPS (Q2): $0.34 vs. $0.47 last year.
-Analyst Estimates: $0.40
-Revenue (Q2): $4.82 Bln vs. $4.24 Bln last year.

-Guidance:
Full year EPS guidance: $2.30 - $2.42


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
EXELON CORP. 852011 Frankfurt 35,345 20.05.24 08:04:07 -0,070 -0,20% 35,400 35,820 35,345 35,415

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