$0.59 Earnings Per Share Expected for Exelon Co. (EXC) This Quarter

Wall Street brokerages expect Exelon Co. (NYSE:EXC) to announce $0.59 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Exelon’s earnings, with the lowest EPS estimate coming in at $0.56 and the highest estimate coming in at $0.61. Exelon reported earnings of $0.55 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 7.3%. The business is expected to announce its next quarterly earnings report on Wednesday, February 6th.

On average, analysts expect that Exelon will report full-year earnings of $3.12 per share for the current year, with EPS estimates ranging from $3.05 to $3.16. For the next financial year, analysts forecast that the firm will report earnings of $3.16 per share, with EPS estimates ranging from $3.00 to $3.42. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Exelon.

Exelon (NYSE:EXC) last released its quarterly earnings results on Thursday, November 1st. The energy giant reported $0.88 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.88. Exelon had a return on equity of 9.35% and a net margin of 10.67%. The firm had revenue of $8.08 billion during the quarter, compared to the consensus estimate of $8.74 billion. During the same quarter in the prior year, the firm posted $0.85 EPS. The business’s revenue was up 5.4% on a year-over-year basis.

Several equities research analysts have recently commented on EXC shares. Guggenheim reissued a “buy” rating and issued a $51.00 price objective on shares of Exelon in a report on Monday, July 23rd. Zacks Investment Research raised Exelon from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Friday, July 20th. Macquarie increased their price objective on Exelon from $45.00 to $46.00 and gave the company a “buy” rating in a report on Monday, September 24th. ValuEngine raised Exelon from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $46.00 price objective on shares of Exelon in a report on Wednesday. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.00.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. West Chester Capital Advisors Inc. raised its stake in Exelon by 8.4% in the 3rd quarter. West Chester Capital Advisors Inc. now owns 15,682 shares of the energy giant’s stock valued at $685,000 after acquiring an additional 1,219 shares during the period. Credit Agricole S A raised its stake in Exelon by 24.5% in the 2nd quarter. Credit Agricole S A now owns 6,225 shares of the energy giant’s stock valued at $265,000 after acquiring an additional 1,225 shares during the period. IFP Advisors Inc raised its stake in Exelon by 4.2% in the 2nd quarter. IFP Advisors Inc now owns 30,932 shares of the energy giant’s stock valued at $1,318,000 after acquiring an additional 1,234 shares during the period. Sumitomo Life Insurance Co. raised its stake in Exelon by 4.5% in the 2nd quarter. Sumitomo Life Insurance Co. now owns 28,596 shares of the energy giant’s stock valued at $1,218,000 after acquiring an additional 1,235 shares during the period. Finally, Lincoln National Corp raised its stake in Exelon by 13.2% in the 2nd quarter. Lincoln National Corp now owns 10,658 shares of the energy giant’s stock valued at $454,000 after acquiring an additional 1,240 shares during the period. Institutional investors and hedge funds own 78.89% of the company’s stock.

NYSE:EXC traded up $0.29 during trading hours on Friday, reaching $45.04. 5,877,060 shares of the stock were exchanged, compared to its average volume of 6,422,645. Exelon has a twelve month low of $35.57 and a twelve month high of $45.29. The company has a quick ratio of 1.16, a current ratio of 1.33 and a debt-to-equity ratio of 1.05. The company has a market cap of $43.20 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 2.87 and a beta of 0.26.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Thursday, November 15th will be paid a $0.345 dividend. This represents a $1.38 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Wednesday, November 14th. Exelon’s dividend payout ratio (DPR) is presently 53.08%.

About Exelon

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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