Exelon (NASDAQ:EXC - Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.68 per share for the quarter. Exelon has set its FY 2024 guidance at 2.400-2.500 EPS and its FY24 guidance at $2.40-2.50 EPS.Parties interested in registering for the company's conference call can do so using this link.
Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. The company had revenue of $5.36 billion during the quarter, compared to analyst estimates of $4.98 billion. Exelon had a return on equity of 9.40% and a net margin of 10.65%. During the same quarter last year, the company earned $0.41 earnings per share. On average, analysts expect Exelon to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NASDAQ:EXC opened at $40.53 on Wednesday. The firm has a market capitalization of $40.55 billion, a price-to-earnings ratio of 16.68, a P/E/G ratio of 2.96 and a beta of 0.53. Exelon has a 52-week low of $33.35 and a 52-week high of $41.48. The stock has a fifty day moving average of $39.31 and a 200 day moving average of $37.57. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.93 and a current ratio of 1.03.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Monday, August 12th were paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.75%. The ex-dividend date was Monday, August 12th. Exelon's dividend payout ratio is 62.55%.
Several equities research analysts recently issued reports on EXC shares. Wells Fargo & Company lifted their price objective on Exelon from $40.00 to $42.00 and gave the company an "equal weight" rating in a research note on Friday, August 2nd. Jefferies Financial Group began coverage on Exelon in a research note on Thursday, September 19th. They set a "buy" rating and a $46.00 price objective for the company. Barclays lifted their price target on Exelon from $41.00 to $44.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 15th. UBS Group lifted their price target on Exelon from $40.00 to $43.00 and gave the stock a "neutral" rating in a research note on Friday, September 20th. Finally, Scotiabank lifted their price target on Exelon from $37.00 to $40.00 and gave the stock a "sector perform" rating in a research note on Tuesday, August 20th. Eleven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $41.33.
Get Our Latest Analysis on EXC
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.
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