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 have a positive impact on Exelon’s cash flow.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 93 cents per share has declined by 3.1% over the last 60 days.
Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in two of the last four quarters, resulting in an overall negative average surprise of 0.51%.
Zacks Rank: Currently, Exelon has a Zacks Rank#3 (Hold). However, the rank could change following its first quarter 2018 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
We have highlighted some of the key details from the just-released announcement below:
Earnings: Exelon reported earnings of 96 cents per share, beating the Zacks Consensus Estimate of 93 cents by 3.2%.
Revenue: Exelon’s total revenues came in at $9,790 million, 8.6% higher than the Zacks Consensus Estimate of $9,015 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, 2018, was 91–94% for 2018, 63–66% for 2019, and 33–36% for 2020.
Check back for our full write up on this EXC earnings report later!
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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 have a positive impact on Exelon’s cash flow.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 93 cents per share has declined by 3.1% over the last 60 days.
Coming to the earnings surprise, Exelon has surpassed the Zacks Consensus Estimate in two of the last four quarters, resulting in an overall negative average surprise of 0.51%.
Zacks Rank: Currently, Exelon has a Zacks Rank#3 (Hold). However, the rank could change following its first quarter 2018 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
We have highlighted some of the key details from the just-released announcement below:
Earnings: Exelon reported earnings of 96 cents per share, beating the Zacks Consensus Estimate of 93 cents by 3.2%.
Revenue: Exelon’s total revenues came in at $9,790 million, 8.6% higher than the Zacks Consensus Estimate of $9,015 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, 2018, was 91–94% for 2018, 63–66% for 2019, and 33–36% for 2020.
Check back for our full write up on this EXC earnings report later!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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