Earnings Outlook For Exelon
Portfolio Pulse from Benzinga Insights
Exelon (NASDAQ:EXC) is scheduled to release its quarterly earnings report on Wednesday, 2024-02-21, with analysts expecting an EPS of $0.58. The focus will be on whether Exelon beats this estimate and provides positive guidance for the next quarter. The company's past earnings performance shows mixed results with minor share price movements following earnings announcements. Currently, Exelon's shares are trading at $34.91, marking a 16.4% decline over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 20, 2024 | 5:01 pm
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Exelon is expected to report an EPS of $0.58 in its upcoming earnings, with investor focus on beating estimates and future guidance amidst a 16.4% annual decline in share price.
Exelon's upcoming earnings report is crucial as it may influence the stock's direction. The anticipation of beating the EPS estimate and providing positive future guidance could support the stock price. However, given the mixed past performance and the current bearish sentiment indicated by a 16.4% decline over the last year, the short-term impact is uncertain. The stock's reaction will likely depend on the actual earnings results and the nature of the guidance provided.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100