Core Viewpoint - Analysts forecast Exelon (EXC) will report quarterly earnings of $0.76 per share, reflecting a year-over-year increase of 7%, with revenues expected to reach $6.35 billion, a 3.2% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, there has been a downward revision of 7.2% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior, as empirical studies show a strong correlation between earnings estimate trends and short-term stock performance [3]. Revenue Forecasts - Analysts predict 'Operating revenues- PECO' at $1.12 billion, indicating a year-over-year change of +8.5% [5]. - 'Operating revenues- ComEd' is forecasted to reach $2.23 billion, suggesting a change of +0.2% year over year [5]. - 'Operating revenues- PHI' is expected to be $1.85 billion, reflecting a -0.8% change from the prior-year quarter [5]. - 'Operating revenues- BGE' is projected at $1.14 billion, with a year-over-year change of +9.2% [6]. - 'Electric revenues- ACE' is expected to be $490.93 million, indicating a -9.1% change year over year [6]. - 'Electric revenues- PHI' is projected at $1.80 billion, reflecting a -2.2% change [7]. - 'Natural gas revenues- PHI' is expected to reach $36.76 million, indicating a +59.8% change year over year [7]. - 'Natural gas revenues- BGE' is projected at $208.76 million, reflecting a +100.7% change [8]. - 'Natural gas revenues- PECO' is expected to be $135.12 million, indicating a +93% change from the prior-year quarter [8]. - 'Electric revenues- BGE' is forecasted at $950.00 million, suggesting a +2.7% change from the year-ago quarter [8]. Stock Performance - Exelon shares have increased by +4.8% in the past month, outperforming the Zacks S&P 500 composite's +3.6% move, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [9].
Ahead of Exelon (EXC) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics