Investors with an interest in Utility - Electric Power stocks have likely encountered both Exelon (EXC) and Centuri Holdings (CTRI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision ...

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The Zacks Utility – Electric Power industry players generate and supply electricity to millions of customers across the United States. The utilities have been transitioning toward clean sources of fuel and focusing on carbon emissions reduction. The support from the government is aiding the industry’s transition toward clean energy sources to produce electricity. Utilities are also focused on strengthening the grid and transmission and distribution infrastructure. The huge infrastructure of the utilities fa ...

Core Viewpoint - Exelon Corporation reported strong Q3 2024 earnings and revenues, exceeding estimates, and plans significant investments in energy infrastructure [2][4][12] Financial Performance - Q3 2024 earnings were 71 cents per share, surpassing the Zacks Consensus Estimate of 67 cents by 5.9% and increasing from 67 cents year-over-year [2] - Total revenues reached $6.15 billion, exceeding the Zacks Consensus Estimate of $6.06 billion by 1.4% and up 2.9% from $5.98 billion in the previous year [4] - Operating income was $1.19 billion, reflecting a 6.5% year-over-year increase [7] - Total operating expenses rose 2.14% year-over-year to $4.96 billion [6] - Interest expenses increased by 13.5% to $496 million compared to the previous year [8] Cash Flow and Debt - Cash and cash equivalents stood at $616 million as of September 30, 2024, up from $445 million at the end of 2023 [9] - Long-term debt increased to $43.7 billion from $39.7 billion at the end of 2023 [10] - Cash provided by operating activities for the first nine months of 2024 was $4.14 billion, compared to $3.29 billion in the same period last year [10] Future Guidance - Exelon expects earnings in the range of $2.40-$2.50 per share for 2024, with the Zacks Consensus Estimate at $2.44 per share [11] - The company reaffirms its adjusted operating EPS growth target of 5-7% annually through 2027 [11] - Plans to invest $34.5 billion in energy infrastructure from 2024 to 2027 [12] Industry Context - Exelon is part of the Zacks Utility - Electric Power industry, with Avangrid (AGR) reporting a 5.5% year-over-year revenue increase in its latest quarter [16] - Avangrid's expected earnings for the current quarter show a year-over-year decline of 36.1% [17]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or | --- | --- | --- | |------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Exelon Corporation’s (EXC) third-quarter 2024 earnings of 71 cents per share surpassed the Zacks Consensus Estimate of 67 cents by 5.9%. Earnings also increased from the year-ago level of 67 cents. Higher distribution earnings, distribution rate base and strong return on regulatory assets boosted earnings.On a GAAP basis, earnings were 70 cents per share on par with the year-ago quarter.Total Revenues of ExelonExelon reported revenues of $6.15 billion, which surpassed the Zacks Consensus Estimate of $6.06 b ...

October 30, 2024 Earnings Conference Call Third Quarter 2024 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of federal securities laws that are subject to risks and uncertainties. Words such as "could," "may," "expects," "anticipates," "will," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "predicts," "should," and variations on such words, and similar expressions that reflect ...

Exelon Corporation (NASDAQ:EXC) Q3 2024 Earnings Call October 30, 2024 10:00 AM ET Company Participants Andrew Plenge - Vice President, Investor Relations Calvin Butler - President and Chief Executive Officer Jeanne Jones - Chief Financial Officer Colette Honorable - Executive Vice President, Public Policy and Chief External Affairs Officer Mike Innocenzo - Chief Operating Officer Conference Call Participants Nick Campanella - Barclays Julien Dumoulin-Smith - Jefferies LLC Shar Pourreza - Guggenheim Partner ...

Exelon (EXC) reported $6.15 billion in revenue for the quarter ended September 2024, representing a yearover-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 the ...