Exelon (EXC) Issues FY 2018 Earnings Guidance

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Exelon (NYSE:EXC) updated its FY 2018 earnings guidance on Thursday. The company provided EPS guidance of $3.05-3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.12.

Several equities analysts have recently commented on the stock. Scotiabank restated a sector outperform rating on shares of Exelon in a research report on Wednesday, July 25th. ValuEngine upgraded shares of Exelon from a hold rating to a buy rating in a research report on Wednesday, October 24th. Zacks Investment Research lowered shares of Exelon from a buy rating to a hold rating in a research report on Monday, July 23rd. Howard Weil assumed coverage on shares of Exelon in a research report on Tuesday, July 24th. They set a sector outperform rating and a $47.00 price target for the company. Finally, Barclays assumed coverage on shares of Exelon in a research report on Tuesday, July 10th. They set an equal weight rating and a $46.00 price target for the company. Nine equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $45.61.

EXC stock traded down $0.26 during trading on Thursday, hitting $43.55. The company had a trading volume of 225,172 shares, compared to its average volume of 6,005,102. The company has a market capitalization of $42.87 billion, a P/E ratio of 16.70, a PEG ratio of 2.51 and a beta of 0.24. Exelon has a fifty-two week low of $35.57 and a fifty-two week high of $45.05. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 1.02.

Exelon (NYSE:EXC) last posted its quarterly earnings data on Thursday, November 1st. The energy giant reported $0.88 earnings per share for the quarter, hitting the consensus estimate of $0.88. The business had revenue of $8.08 billion during the quarter, compared to the consensus estimate of $8.74 billion. Exelon had a net margin of 11.25% and a return on equity of 9.48%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.85 earnings per share. Equities analysts anticipate that Exelon will post 3.12 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Thursday, November 15th will be issued a $0.345 dividend. This represents a $1.38 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Wednesday, November 14th. Exelon’s payout ratio is currently 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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Earnings History and Estimates for Exelon (NYSE:EXC)

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