$0.95 EPS Expected for Exelon Co. (EXC) This Quarter

Equities analysts forecast that Exelon Co. (NYSE:EXC) will report earnings of $0.95 per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Exelon’s earnings, with the lowest EPS estimate coming in at $0.93 and the highest estimate coming in at $0.95. Exelon posted earnings per share of $0.65 during the same quarter last year, which would suggest a positive year-over-year growth rate of 46.2%. The company is expected to issue its next earnings results on Wednesday, May 2nd.

On average, analysts expect that Exelon will report full year earnings of $3.03 per share for the current fiscal year, with EPS estimates ranging from $2.84 to $3.10. For the next year, analysts anticipate that the business will report earnings of $3.00 per share, with EPS estimates ranging from $2.77 to $3.30. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Exelon.

Exelon (NYSE:EXC) last issued its quarterly earnings results on Wednesday, February 7th. The energy giant reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.05). Exelon had a return on equity of 8.35% and a net margin of 11.53%. The firm had revenue of $8.38 billion for the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year.

Several brokerages recently commented on EXC. Morgan Stanley dropped their price target on Exelon from $42.00 to $41.00 and set an “equal weight” rating for the company in a research report on Thursday. SunTrust Banks set a $42.00 price target on Exelon and gave the stock a “buy” rating in a research report on Monday, February 5th. Zacks Investment Research upgraded Exelon from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Friday. UBS Group began coverage on Exelon in a research report on Friday, February 2nd. They set a “buy” rating and a $44.00 price target for the company. Finally, KeyCorp dropped their price target on Exelon from $45.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $41.03.

In other Exelon news, EVP Paymon Aliabadi sold 13,334 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $40.62, for a total transaction of $541,627.08. Following the transaction, the executive vice president now owns 26,435 shares of the company’s stock, valued at $1,073,789.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXC. Bank of Nova Scotia Trust Co. acquired a new position in Exelon during the third quarter worth $102,000. NuWave Investment Management LLC acquired a new position in shares of Exelon in the 4th quarter valued at $105,000. Baker Ellis Asset Management LLC acquired a new position in shares of Exelon in the 4th quarter valued at $118,000. Cerebellum GP LLC acquired a new position in shares of Exelon in the 4th quarter valued at $122,000. Finally, Trustcore Financial Services LLC acquired a new position in shares of Exelon in the 4th quarter valued at $142,000. 77.71% of the stock is currently owned by institutional investors.

Shares of Exelon (NYSE:EXC) traded up $0.88 on Friday, hitting $36.86. The company had a trading volume of 10,830,000 shares, compared to its average volume of 6,990,000. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.10 and a quick ratio of 0.89. Exelon has a 52-week low of $33.30 and a 52-week high of $42.67. The stock has a market capitalization of $35,420.00, a PE ratio of 9.36, a price-to-earnings-growth ratio of 2.61 and a beta of 0.23.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 15th will be paid a dividend of $0.345 per share. The ex-dividend date is Wednesday, February 14th. This represents a $1.38 dividend on an annualized basis and a yield of 3.74%. This is a positive change from Exelon’s previous quarterly dividend of $0.33. Exelon’s payout ratio is 33.25%.

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Exelon Company Profile

Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.

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Earnings History and Estimates for Exelon (NYSE:EXC)

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