Exelon Corp reports results for the quarter ended March 31 - Earnings Summary

• Exelon Corp EXC.OQ reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 85 cents to 89 cents per share.

• Revenue rose 11.1% to $6.71 billion from a year ago; analysts expected $6.59 billion.

• Exelon Corp's reported EPS for the quarter was 90 cents​.

• The company reported quarterly net income of $908 million.

• Exelon Corp shares had risen by 1.8% this quarter and gained 24.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 25.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"

• Wall Street's median 12-month price target for Exelon Corp is $47.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)