The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Exelon whiffed on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share shrank significantly.
Margins shrank across the board.
Exelon reported revenue of $6.44 billion. The four analysts polled by S&P Capital IQ expected revenue of $8.26 billion on the same basis. GAAP reported sales were 57% higher than the prior-year quarter's $3.99 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.64. The 17 earnings estimates compiled by S&P Capital IQ anticipated $0.64 per share. GAAP EPS of $0.44 for Q4 were 52% lower than the prior-year quarter's $0.91 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 24.1%, 1,680 basis points worse than the prior-year quarter. Operating margin was 11.6%, 1,600 basis points worse than the prior-year quarter. Net margin was 6.0%, 920 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $7.34 billion. On the bottom line, the average EPS estimate is $0.75.
Next year's average estimate for revenue is $26.33 billion. The average EPS estimate is $2.53.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,898 members out of 1,956 rating the stock outperform, and 58 members rating it underperform. Among 471 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 456 give Exelon a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exelon is hold, with an average price target of $35.13.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Exelon. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.