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Exelon (EXC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
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Exelon (EXC - Free Report) reported $6.04 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.6%. EPS of $0.69 for the same period compares to $0.70 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $5.7 billion, representing a surprise of +6.04%. The company delivered an EPS surprise of -1.43%, with the consensus EPS estimate being $0.70.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Exelon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating revenues- PECO: $1.05 billion versus $1.15 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -5.2% change.
Operating revenues- ComEd: $2.10 billion compared to the $1.78 billion average estimate based on three analysts. The reported number represents a change of +25.7% year over year.
Operating revenues- BGE: $1.30 billion compared to the $1.21 billion average estimate based on three analysts. The reported number represents a change of +3.2% year over year.
Operating revenues- PHI: $1.61 billion versus the three-analyst average estimate of $1.59 billion. The reported number represents a year-over-year change of +4.6%.
Natural gas revenues- BGE: $416 million versus $366.10 million estimated by two analysts on average.
Electric revenues- DPL: $419 million compared to the $382.38 million average estimate based on two analysts.
Electric revenues- ACE: $345 million compared to the $379.30 million average estimate based on two analysts.
Electric revenues- PHI: $1.53 billion versus $1.50 billion estimated by two analysts on average.
Natural gas revenues- PHI: $72 million versus the two-analyst average estimate of $82.75 million.
Natural gas revenues- PECO: $272 million versus the two-analyst average estimate of $251.82 million.
Electric revenues- BGE: $881 million versus the two-analyst average estimate of $807.85 million.
Electric revenues- PECO: $782 million versus $895.78 million estimated by two analysts on average.
Shares of Exelon have returned +1.8% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Exelon (EXC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Exelon (EXC - Free Report) reported $6.04 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.6%. EPS of $0.69 for the same period compares to $0.70 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $5.7 billion, representing a surprise of +6.04%. The company delivered an EPS surprise of -1.43%, with the consensus EPS estimate being $0.70.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Exelon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating revenues- PECO: $1.05 billion versus $1.15 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -5.2% change.
- Operating revenues- ComEd: $2.10 billion compared to the $1.78 billion average estimate based on three analysts. The reported number represents a change of +25.7% year over year.
- Operating revenues- BGE: $1.30 billion compared to the $1.21 billion average estimate based on three analysts. The reported number represents a change of +3.2% year over year.
- Operating revenues- PHI: $1.61 billion versus the three-analyst average estimate of $1.59 billion. The reported number represents a year-over-year change of +4.6%.
- Natural gas revenues- BGE: $416 million versus $366.10 million estimated by two analysts on average.
- Electric revenues- DPL: $419 million compared to the $382.38 million average estimate based on two analysts.
- Electric revenues- ACE: $345 million compared to the $379.30 million average estimate based on two analysts.
- Electric revenues- PHI: $1.53 billion versus $1.50 billion estimated by two analysts on average.
- Natural gas revenues- PHI: $72 million versus the two-analyst average estimate of $82.75 million.
- Natural gas revenues- PECO: $272 million versus the two-analyst average estimate of $251.82 million.
- Electric revenues- BGE: $881 million versus the two-analyst average estimate of $807.85 million.
- Electric revenues- PECO: $782 million versus $895.78 million estimated by two analysts on average.
View all Key Company Metrics for Exelon here>>>Shares of Exelon have returned +1.8% over the past month versus the Zacks S&P 500 composite's -2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.