We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exelon Corporation (EXC - Free Report) , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada.
Exelon’s strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon’s acquisition of Pepco Holdings Inc. is expected to increase cash flow by $700 million to $850 million in the 2017–2019 time period.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 61 cents per share decreased by 16.4% over the last 90 days.
Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 9.96%.
However the rank could change following its first quarter 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Earnings: Exelon reported earnings of 65 cents per share, surpassing the Zacks Consensus Estimate of 61 cents by 6.6%.
Revenue: Exelon’s total revenues came in at $8,715 million, 2.8% higher than the Zacks Consensus Estimate of $8,478 million.
Key Stats: Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2017, was 97–100% for 2017, 60–63% for 2018, and 30–30% for 2019.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back for our full write up on this EXC earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Exelon (EXC) Q1 Earnings & Revenues Beat Estimates
Exelon Corporation (EXC - Free Report) , a competitive energy provider, delivers electricity and natural gas to customers in central Maryland, northern Illinois and southeastern Pennsylvania through its subsidiaries. The Chicago, IL-based firm operates in 48 states and the District of Columbia of the U.S., and Canada.
Exelon’s strategy of matching its load business with generation fleet, addition of renewable and natural gas based power generating units to its portfolio, systematic divestment of non-core assets will drive its performance. Exelon’s acquisition of Pepco Holdings Inc. is expected to increase cash flow by $700 million to $850 million in the 2017–2019 time period.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 61 cents per share decreased by 16.4% over the last 90 days.
Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 9.96%.
Zacks Rank: Currently, Exelon has a Zacks Rank#3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
However the rank could change following its first quarter 2017 earnings report which has just released. We have highlighted some of the key details from the just-released announcement below:
Exelon Corporation Price and EPS Surprise
Exelon Corporation Price and EPS Surprise | Exelon Corporation Quote
Earnings: Exelon reported earnings of 65 cents per share, surpassing the Zacks Consensus Estimate of 61 cents by 6.6%.
Revenue: Exelon’s total revenues came in at $8,715 million, 2.8% higher than the Zacks Consensus Estimate of $8,478 million.
Key Stats: Exelon's hedging program involves hedging of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Mar 31, 2017, was 97–100% for 2017, 60–63% for 2018, and 30–30% for 2019.
Stock Price: It would be interesting to see how the market reacts to the positive earnings surprise during the trading session today.
Check back for our full write up on this EXC earnings report later!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>