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Why Exelon (EXC) is a Top Value Stock for the Long-Term
ZACKS· 2024-06-13 15:19
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days ...
HRP CEO Roberto E. Perez Joins PECO Board of Directors
Prnewswire· 2024-05-21 16:21
PHILADELPHIA, May 21, 2024 /PRNewswire/ -- Hilco Redevelopment Partners (HRP) today announced the appointment of founder and CEO Roberto E. Perez to the board of directors for PECO, Pennsylvania's largest electric and natural gas distribution company. Perez brings significant experience with land development and energy infrastructure through HRP's work transforming obsolete industrial assets into modern economic engines, including the redevelopment of 1300 acres in South Philadelphia into The Bellwether Dis ...
Exelon(EXC) - 2024 Q1 - Quarterly Report
2024-05-02 19:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal IRS Employer Identification Number Executive Offices; and Telephone Number Number 001-16169 EXELO ...
Exelon(EXC) - 2024 Q1 - Earnings Call Transcript
2024-05-02 16:29
That's clear. Thanks. I'll leave it there. Thank you. Our last question comes from the line of Carly Davenport from Goldman Sachs. Carly Davenport That lays the foundation for us to continue to, work with the Illinois Commission and government, to achieve the results of the one out of the Climate and Equitable and Jobs Act, but I do not see it indeed sooner than that, Great. Thank you for that. And then I know that you've gotten a lot of the year's financing needs done during the first quarter. But just as ...
Exelon (EXC) Q1 Earnings Lag Estimates, Sales Rise Y/Y
Zacks Investment Research· 2024-05-02 15:11
Exelon Corporation’s (EXC) first-quarter 2024 earnings of 69 cents per share missed the Zacks Consensus Estimate of 70 cents by 1.43%. Earnings also decreased from the year-ago level of 70 cents.On a GAAP basis, first-quarter earnings were 66 cents per share compared with 67 cents in the year-ago quarter.Total RevenuesExelon's first-quarter revenues of $6.04 billion surpassed the Zacks Consensus Estimate of $5.7 billion by 6%. The top line was 8.6% higher than the year-ago figure of $5.6 billion. Highlights ...
Exelon (EXC) Misses Q1 Earnings Estimates
Zacks Investment Research· 2024-05-02 13:00
Exelon (EXC) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.43%. A quarter ago, it was expected that this energy company would post earnings of $0.58 per share when it actually produced earnings of $0.60, delivering a surprise of 3.45%.Over the last four quarters, the company has ...
Exelon(EXC) - 2024 Q1 - Quarterly Results
2024-05-02 10:53
Exhibit 99.1 News Release Contact: James Gherardi Corporate Comm unications 312-394-7417 Andrew Plenge Investor Relatio ns 312-394-2345 EXELON REPORTS FIRST QUARTER 2024 RESULTS Earnings Release Highlights • GAAP Net Income of $0.66 per share and Adjusted (non-GAAP) Operating Earnings of $0.68 per share for the first quarter of 2024 • Affirming full year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share • Reaffirming fully regulated operating EPS compounded annual growth ta ...
Exelon (EXC) to Report Q1 Earnings: Here's What You Need to Know
Zacks Investment Research· 2024-05-01 19:41
Exelon Corporation (EXC) is scheduled to release first-quarter 2024 results on May 2, before market open. The company delivered an earnings surprise of 3.5% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderExelon’s first-quarter earnings are expected to have continued to benefit from its reduction in volumetric risk, as nearly 76% of its distribution revenues are decoupled.New distribution rates that were implemented ...
Here's Why Exelon (EXC) is a Strong Momentum Stock
Zacks Investment Research· 2024-04-24 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
Exelon (EXC) to Gain From Investments & Revenue Decoupling
Zacks Investment Research· 2024-04-04 14:26
Exelon Corporation (EXC) , with its investments in regulated utility operations for grid modernization and electric transmission, will enable it to serve more customers efficiently. Its revenue decoupling is expected to contribute to its performance over the long run.This Zacks Rank #3 (Hold) stock delivered an average four-quarter earnings surprise of 2.64%.  Its long-term (three to five years) earnings growth is currently pegged at 5.69%.TailwindsExelon invests substantially in infrastructure projects and ...