Exelon Reports Third Quarter 2020 Results

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Go back to Exelon Reports Third Quarter 2020 Results

Exelon Corp. (EXC) Tops Q3 EPS by 17c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus

November 3, 2020 6:53 AM EST

Exelon Corp. (NASDAQ: EXC) reported Q3 EPS of $1.04, $0.17 better than the analyst estimate of $0.87. Revenue for the quarter came in at $8.85 billion versus the consensus estimate of $8.35 billion.

Earnings Release Highlights

GAAP Net Income of $0.51 per share and Adjusted (non-GAAP) Operating Earnings of $1.04 per share for the third quarter of 2020Raising our guidance range for full year 2020 Adjusted (non-GAAP) Operating Earnings from $2.80 - $3.10 per share to $3.00 - $3.20 per shareStrong utility reliability and customer operations performance - every utility achieved top quartile in outage frequency & duration, customer satisfaction, abandon rate... More