Exelon Q3 Adj. EPS $0.67 Misses $0.68 Estimate, Sales $5.98B Beat $5.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Exelon (NASDAQ:EXC) reported Q3 earnings of $0.67 per share, missing the analyst consensus estimate of $0.68 by 1.47 percent. This is a 10.67 percent decrease from the same period last year. However, the company's quarterly sales of $5.98 billion beat the analyst consensus estimate of $5.05 billion by 18.42 percent, marking a 23.43 percent increase from last year.
November 02, 2023 | 10:51 am
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NEUTRAL IMPACT
Exelon's Q3 earnings per share missed estimates, but sales exceeded expectations. This mixed report may lead to uncertain short-term price movements.
Exelon's earnings per share fell short of estimates, which could negatively impact the stock price. However, the company's sales exceeded expectations, which could have a positive effect. The mixed results make the short-term price impact uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100