Core Viewpoint - Exelon Corporation (EXC) is set to release its fourth-quarter 2024 results on February 12, with expectations of a slight decrease in earnings per share but a modest increase in revenues [1][5]. Group 1: Earnings Performance Expectations - Exelon's fourth-quarter earnings are anticipated to benefit from a reduction in volumetric risk, with approximately 76% of its distribution revenues decoupled [3]. - The company's bottom line is expected to be positively impacted by rate case activities, with new electric and gas rates implemented in previous quarters contributing to earnings [3]. - Earnings are also projected to benefit from ongoing energy efficiency programs and increased demand from data centers, alongside cost-saving initiatives [4]. Group 2: Financial Estimates - The Zacks Consensus Estimate for Exelon's earnings is set at 59 cents per share, reflecting a year-over-year decrease of 1.7% [5]. - The Zacks Consensus Estimate for revenues is projected at $5.45 billion, indicating a year-over-year improvement of 1.6% [5]. Group 3: Earnings Prediction Model - The quantitative model does not predict an earnings beat for Exelon this quarter, with an Earnings ESP of -0.67% [6]. - Exelon currently holds a Zacks Rank of 2 (Buy), which typically indicates a favorable outlook, but the lack of a positive Earnings ESP suggests a lower likelihood of exceeding earnings expectations [6][7].
Exelon to Release Q4 Earnings: Here's What You Need to Know