Exelon(EXC)
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Exelon (EXC) Q4 Earnings and Sales Beat Estimates
Zacks Investment Research· 2024-02-21 15:20
Exelon Corporation’s (EXC) fourth-quarter 2023 earnings of 60 cents per share surpassed the Zacks Consensus Estimate of 58 cents by 3.4%. Earnings increased 39.5% from the year-ago level of 43 cents.Full-year 2023 adjusted earnings were $2.38 per share, up 4.8% from the previous year’s figure of $2.27.On a GAAP basis, fourth-quarter earnings were 62 cents per share compared with 43 cents in the year-ago quarter.Total RevenuesExelon's fourth-quarter total revenues of $5.4 billion surpassed the Zacks Consensu ...
Exelon (EXC) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-21 14:05
Exelon (EXC) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this energy company would post earnings of $0.68 per share when it actually produced earnings of $0.67, delivering a surprise of -1.47%.Over the last four quarters, the company has ...
Exelon Reports Fourth Quarter and Full Year 2023 Results and Initiates 2024 Financial Outlook
Businesswire· 2024-02-21 11:50
CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023. “Exelon had another strong year in 2023, both financially and operationally,” said President and CEO Calvin Butler. “We delivered in the top half of our guidance range, achieved best-on-record operational performance at multiple utilities, and advocated for a more affordable and equitable energy transformation for our customers. We successfully competed for nearly $20 ...
Exelon(EXC) - 2023 Q4 - Annual Results
2024-02-20 16:00
Exhibit 99.1 News Release Contact: James Gherardi Corporate Comm unications 312-394-7417 Andrew Plenge Investor Relatio ns 312-394-2345 EXELON REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND INITIATES 2024 FINANCIAL OUTLOOK Earnings Release Highlights • GAAP Net Income of $0.62 per share and Adjusted (non-GAAP) Operating Earnings of $0.60 per share for the fourth quarter of 2023 • Introducing 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share • Declaring quarterly divi ...
Exelon(EXC) - 2023 Q4 - Annual Report
2024-02-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal IRS Employer File Number Executive Offices; and Telephone Number Identification Number 001-16169 EXELON COR ...
Exelon (EXC) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-16 14:11
Exelon Corporation (EXC) is scheduled to release fourth-quarter 2023 results on Feb 21, before market open. The company delivered a negative earnings surprise of 1.47% 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 fourth-quarter earnings are expected to have benefited from new distribution rates that were implemented during the previous quarters in its service territories.The company’s bottom line is also ...
Insights Into Exelon (EXC) Q4: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-15 15:20
Wall Street analysts forecast that Exelon (EXC) will report quarterly earnings of $0.58 per share in its upcoming release, pointing to a year-over-year increase of 34.9%. It is anticipated that revenues will amount to $4.91 billion, exhibiting an increase of 5.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their i ...
ComEd Reminds Customers of Weekend Customer Information System Upgrade
Businesswire· 2024-02-14 20:30
CHICAGO--(BUSINESS WIRE)--This week, ComEd plans to launch a large-scale initiative to update its existing customer information system, which will allow ComEd to better support its more than 4 million residential and business customers, while improving the way customers interact with their energy company. During the multi-day transition period, the availability of most ComEd self-service tools will temporarily be limited or offline from the evening of Wednesday, Feb. 14 through at least Monday, Feb. 19 to ...
Exelon (EXC) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-02-14 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Exelon (EXC) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 21. On ...
ComEd Announces New EV Rebates for Business and Public Sector Customers; Applications to Open February 15
Businesswire· 2024-02-08 16:43
CHICAGO--(BUSINESS WIRE)--As part of a larger investment to accelerate an equitable adoption of electric vehicles (EVs) in northern Illinois, ComEd is launching two new business and public sector EV rebate programs. New programs will provide a total of $87 million this year to help reduce upfront costs of all-electric commercial and public sector fleet vehicle purchases and incentivize the buildout of more business and public charging across the region. ComEd today joined a diverse mix of environmental, ...