Exelon Q2 Adj. EPS $0.41 Beats $0.40 Estimate, Sales $4.82B Beat $4.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Exelon (NASDAQ:EXC) reported Q2 earnings of $0.41 per share, beating the analyst consensus estimate of $0.40 by 2.5%. However, this is a 6.82% decrease from the same period last year. The company also reported quarterly sales of $4.82 billion, beating the analyst consensus estimate of $4.38 billion by 10%, a 13.66% increase from the same period last year.
August 04, 2023 | 10:53 am
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Exelon's Q2 earnings and sales beat estimates, but earnings are down from the same period last year.
Exelon's earnings beat estimates, which is positive news. However, the fact that earnings are down from the same period last year could be a concern for investors. The increase in sales is a positive sign, but it's unclear how this will affect the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100