Equities analysts expect Exelon Co. (NYSE:EXC) to announce $9.24 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Exelon’s earnings, with the highest sales estimate coming in at $9.52 billion and the lowest estimate coming in at $8.96 billion. Exelon posted sales of $9.40 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.7%. The firm is expected to issue its next quarterly earnings report on Thursday, November 7th.
On average, analysts expect that Exelon will report full-year sales of $32.24 billion for the current fiscal year, with estimates ranging from $26.47 billion to $36.02 billion. For the next year, analysts anticipate that the firm will report sales of $31.83 billion, with estimates ranging from $25.38 billion to $36.50 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Exelon.
Exelon (NYSE:EXC) last announced its quarterly earnings results on Thursday, August 1st. The energy giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.03). The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.03 billion. Exelon had a return on equity of 8.47% and a net margin of 6.43%. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 EPS.
EXC traded down $0.22 during midday trading on Wednesday, reaching $45.20. 3,725,595 shares of the company’s stock were exchanged, compared to its average volume of 6,443,229. The company has a market cap of $43.73 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 3.76 and a beta of 0.31. The company has a quick ratio of 0.77, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. Exelon has a one year low of $42.19 and a one year high of $51.18. The company’s 50-day moving average is $47.54.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th will be paid a $0.363 dividend. This represents a $1.45 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Wednesday, August 14th. Exelon’s dividend payout ratio (DPR) is currently 46.47%.
In other news, CEO Calvin Butler, Jr. sold 31,000 shares of Exelon stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of $47.59, for a total value of $1,475,290.00. Following the completion of the transaction, the chief executive officer now owns 40,331 shares in the company, valued at $1,919,352.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kenneth W. Cornew sold 54,300 shares of Exelon stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of $49.82, for a total transaction of $2,705,226.00. Following the completion of the transaction, the executive vice president now owns 97,813 shares of the company’s stock, valued at approximately $4,873,043.66. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.
Several large investors have recently bought and sold shares of the company. First Bank & Trust acquired a new stake in shares of Exelon in the first quarter valued at approximately $25,000. Centersquare Investment Management LLC acquired a new stake in shares of Exelon in the first quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Exelon in the first quarter valued at approximately $29,000. Manchester Financial Inc. acquired a new stake in shares of Exelon in the second quarter valued at approximately $30,000. Finally, Weaver Consulting Group acquired a new stake in shares of Exelon in the first quarter valued at approximately $31,000. Institutional investors own 79.65% of the company’s stock.
Exelon Company Profile
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, 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.
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