Exelon Earnings Preview: Revenue, EPS Expected to Fall
Exelon (NYSE: EXC) announces its next round of earnings this Wednesday, October 26, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's third quarter earnings announcement.
Earnings and Revenue:
Wall Street expects an EPS of $1.09/share and revenues of $5.16 billion. Exelon's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of $1.11/share on revenues of $5.3 billion. Investors are bracing themselves for Wednesday when we'll learn if Exelon reports lower EPS and slightly reduced revenue from the year-ago quarter, as analysts are predicting.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $0.97 | $1.06 | $0.91 | $1.11 |
| EPS Actual | $1.05 | $1.17 | $0.96 | $1.11 |
Stock Performance:
As of October 20, 2011, Exelon's current share price was $42.72. Shares are up 6.6% year to date. For a full 12 months, the return has risen by 9.5%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Exelon is a Hold. Over the past three months this rating's strength has declined slightly.
Competitors:
Wondering how Exelon compares to rivals in the same sector? Here are a few of the company's peers.
- ALLETE (NYSE: ALE): Moderate Buy with a $0.48 recent quarter EPS
- Constellation Energy Group (NYSE: CEG): Hold with a $0.76 recent quarter EPS
- El Paso Electric Company (NYSE: EE): Hold with a $0.78 recent quarter EPS
- Entergy (NYSE: ETR): Hold with a $1.76 recent quarter EPS
Exelon is in the utility-electric power industry, which has experienced price/earnings growth of 27.1%.
Finally, a description of the company's main areas of operation: Exelon is a utility services holding company that distributes electricity and natural gas and is a major nuclear operator.
Take Action:
Now that you've gotten an advanced peak at Exelon's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
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