Exelon Beats Revenue, Earnings Estimates

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Exelon (NYSE: EXC  ) reported earnings (link saves as PDF) today, beating analyst estimates on both top-line and bottom-line numbers.

First-quarter 2013 sales clocked in at $6.89 billion, 11% above analyst expectations of $6.2 billion. This quarter's results are 9.7% higher than Q4 2012, and up 47% from 2012's first quarter (before the company's Constellation merger).

On the bottom line, adjusted EPS fell 17.6% year over year to $0.70, but still managed to beat analyst estimates by $0.02.

CEO Christopher Crane pointed to solid nuclear fleet capacity, improving power prices, and increasingly large synergies from last year's merger as reasons for Exelon's success.

Looking ahead, the utility reaffirmed its Q2 $0.50 to $0.60 guidance, as well as its 2013 $2.35 to $2.65 EPS, despite lower expected margins for its Constellation segment.

As the nation moves increasingly toward clean energy, Exelon is perfectly positioned to capitalize on having the largest nuclear fleet in North America. This strength, combined with an increased focus on balance sheet health and its recent merger with Constellation, places Exelon and its resized dividend on a short list of the top utilities. To determine if Exelon is a good long-term fit for your portfolio, you're invited to check out The Motley Fool's premium research report on the company. Simply click here now for instant access.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2401445, ~/Articles/ArticleHandler.aspx, 9/26/2016 9:54:20 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,122.63 -138.82 -0.76%
S&P 500 2,150.61 -14.08 -0.65%
NASD 5,264.10 -41.65 -0.78%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 9:39 AM
EXC $34.75 Down -0.05 -0.14%
Exelon CAPS Rating: ****