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Exelon Corp (EXC) announced a profit for third quarter that fell from last year.


RTTNews | Nov 3, 2020 06:59AM EST

06:59 Tuesday, November 3, 2020 (RTTNews.com) - Exelon Corp (EXC) announced a profit for third quarter that fell from last year.

The company's earnings came in at $501 million, or $0.51 per share. This compares with $772 million, or $0.79 per share, in last year's third quarter.

Excluding items, Exelon Corp reported adjusted earnings of $1.02 billion or $1.04 per share for the period.

Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.9% to $8.85 billion from $8.93 billion last year.

Exelon Corp earnings at a glance:

-Earnings (Q3): $1.02 Bln. vs. $0.90 Bln. last year.-EPS (Q3): $1.04 vs. $0.92 last year.-Analysts Estimate: $0.87-Revenue (Q3): $8.85 Bln vs. $8.93 Bln last year.

-Guidance:Full year EPS guidance: $3.00 - $3.20

Read the original article on RTTNews ( https://www.rttnews.com/3142335/exelon-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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