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Here's What Key Metrics Tell Us About Exelon (EXC) Q3 Earnings

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Exelon (EXC - Free Report) reported $6.15 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.9%. EPS of $0.71 for the same period compares to $0.67 a year ago.

The reported revenue represents a surprise of +1.43% over the Zacks Consensus Estimate of $6.07 billion. With the consensus EPS estimate being $0.67, the EPS surprise was +5.97%.

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- ComEd: $2.23 billion versus the four-analyst average estimate of $2.23 billion. The reported number represents a year-over-year change of -1.7%.
  • Operating revenues- PHI: $1.86 billion versus the three-analyst average estimate of $1.79 billion. The reported number represents a year-over-year change of +5%.
  • Operating revenues- BGE: $1.04 billion compared to the $1.01 billion average estimate based on three analysts. The reported number represents a change of +12% year over year.
  • Operating revenues- PECO: $1.03 billion compared to the $1.07 billion average estimate based on three analysts. The reported number represents a change of -0.7% year over year.
  • Electric revenues- DPL: $439 million compared to the $437.61 million average estimate based on two analysts. The reported number represents a change of +3.1% year over year.
  • Electric revenues- ACE: $540 million versus $485.84 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.6% change.
  • Electric revenues- ComEd: $2.23 billion versus $2.20 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -1.7% change.
  • Electric revenues- PECO: $960 million compared to the $952.91 million average estimate based on two analysts. The reported number represents a change of -1% year over year.
  • Electric revenues- BGE: $925 million versus $870.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.7% change.
  • Electric revenues- Pepco: $861 million versus the two-analyst average estimate of $826.98 million. The reported number represents a year-over-year change of +4.7%.
  • Natural gas revenues- PECO: $70 million compared to the $117.57 million average estimate based on two analysts. The reported number represents a change of +4.5% year over year.
  • Natural gas revenues- BGE: $104 million versus the two-analyst average estimate of $173.58 million. The reported number represents a year-over-year change of +8.3%.
View all Key Company Metrics for Exelon here>>>

Shares of Exelon have returned -3% over the past month versus the Zacks S&P 500 composite's +1.8% 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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