Wall Street analysts expect Exelon Co. (NYSE:EXC) to report earnings per share of $0.95 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Exelon’s earnings, with the highest EPS estimate coming in at $0.95 and the lowest estimate coming in at $0.93. Exelon reported earnings of $0.65 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 46.2%. The business is expected to announce its next earnings results on Wednesday, May 2nd.
On average, analysts expect that Exelon will report full-year earnings of $3.03 per share for the current year, with EPS estimates ranging from $2.84 to $3.10. For the next financial year, analysts expect that the business will report earnings of $3.00 per share, with EPS estimates ranging from $2.77 to $3.30. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow Exelon.
Exelon (NYSE:EXC) last released its earnings results on Wednesday, February 7th. The energy giant reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.05). Exelon had a return on equity of 8.35% and a net margin of 11.53%. The firm had revenue of $8.38 billion for the quarter, compared to analysts’ expectations of $7.66 billion. During the same quarter in the previous year, the company posted $0.44 earnings per share. The firm’s quarterly revenue was up 6.4% on a year-over-year basis.
In other news, EVP Paymon Aliabadi sold 13,334 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $40.62, for a total transaction of $541,627.08. Following the transaction, the executive vice president now directly owns 26,435 shares in the company, valued at $1,073,789.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.
Several institutional investors and hedge funds have recently made changes to their positions in EXC. Geode Capital Management LLC lifted its holdings in shares of Exelon by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 10,305,203 shares of the energy giant’s stock worth $405,288,000 after purchasing an additional 197,616 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Exelon by 3.1% during the third quarter. Wells Fargo & Company MN now owns 9,402,609 shares of the energy giant’s stock worth $354,196,000 after purchasing an additional 280,855 shares during the period. CI Global Investments Inc. lifted its holdings in shares of Exelon by 71.9% during the fourth quarter. CI Global Investments Inc. now owns 8,297,053 shares of the energy giant’s stock worth $326,987,000 after purchasing an additional 3,470,082 shares during the period. Capital International Investors lifted its holdings in shares of Exelon by 20.6% during the third quarter. Capital International Investors now owns 8,290,800 shares of the energy giant’s stock worth $312,314,000 after purchasing an additional 1,415,400 shares during the period. Finally, Jennison Associates LLC lifted its holdings in shares of Exelon by 19.2% during the fourth quarter. Jennison Associates LLC now owns 7,704,703 shares of the energy giant’s stock worth $303,642,000 after purchasing an additional 1,242,889 shares during the period. Institutional investors and hedge funds own 78.01% of the company’s stock.
Exelon (NYSE EXC) traded down $0.21 during mid-day trading on Friday, hitting $36.46. 799,075 shares of the company were exchanged, compared to its average volume of 7,023,009. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.10 and a quick ratio of 0.94. Exelon has a 12-month low of $33.30 and a 12-month high of $42.67. The stock has a market capitalization of $35,560.00, a price-to-earnings ratio of 9.26, a price-to-earnings-growth ratio of 2.60 and a beta of 0.23.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.345 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from Exelon’s previous quarterly dividend of $0.33. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.78%. Exelon’s dividend payout ratio (DPR) is 33.25%.
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Exelon Corporation is a utility services holding company. The Company, through its subsidiary, Exelon Generation Company, LLC (Generation), is engaged in the energy generation business. The Company, through its subsidiaries, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (PHI), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), is engaged in the energy delivery businesses.
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