Exelon Corporation (NASDAQ:EXC ) Q3 2024 Earnings Call October 30, 2024 10:00 AM ET Company Participants Andrew Plenge - Vice President, Investor Relations Calvin Butler - President and Chief Executive Officer Jeanne Jones - Chief Financial Officer Colette Honorable - Executive Vice President, Public Policy and Chief External Affairs Officer Mike Innocenzo - Chief Operating Officer Conference Call Participants Nick Campanella - Barclays Julien Dumoulin-Smith - Jefferies LLC Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Ross Fowler - Bank of America Operator Hello and welcome to Exelon's Third Quarter Earnings Call. My name is Gigi and I'll be your event specialist today.
The headline numbers for Exelon (EXC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Exelon (EXC) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.67 per share a year ago.
Utility firm Exelon beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher electricity rates.
Evaluate the expected performance of Exelon (EXC) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
EXC's third-quarter results are likely to gain from rising demand from data centers, cost management and implementation of energy efficiency programs.
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Exelon (EXC) and IdaCorp (IDA). But which of these two stocks presents investors with the better value opportunity right now?
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Exelon Corporation is a utility services holding company with diverse holdings in major US cities, offering stability and income potential for investors. Exelon trades at a price/book ratio of 1.54, below the sector median, and has a P/E ratio of 16.45, indicating better value. The company shows slow but steady revenue and net income growth, with a forward P/E of 15.31 and a yield of 3.77%, surpassing the sector median.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.