Utilities | Diversified Utilities | USA
Exelon (EXC) Posts In-Line Q4 Earnings, Beats on Revenues
Exelon Corporation’s EXC fourth-quarter 2018 operating earnings of 58 cents per share were on par with the Zacks Consensus Estimate. The reported earnings were 3.6% higher than the year-ago figure of 56 cents.
The company’s year-over-year improvement in the bottom line was due higher utility earnings from ComEd and regulatory rate increases at PHI.
On a GAAP basis, its quarterly earnings were 16 cents per share compared with $1.94 in the year-ago quarter.
Total Revenues
Exelon's total revenues of $8,814 million surpassed the Zacks Consensus Estimate of $7,222 million by 22.1%. Revenues also improved 5.4% from year-ago quarter. The improvement in revenues was due strong performance from Utility and Generation businesses.
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Exelon (EXC) Posts In-Line Q4 Earnings, Beats on Revenues
Exelon Corporation’s EXC fourth-quarter 2018 operating earnings of 58 cents per share were on par with the Zacks Consensus Estimate. The reported earnings were 3.6% higher than the year-ago figure of 56 cents.
The company’s year-over-year improvement in the bottom line was due higher utility earnings from ComEd and regulatory rate increases at PHI.
On a GAAP basis, its quarterly earnings were 16 cents per share compared with $1.94 in the year-ago quarter.
Total Revenues
Exelon's total revenues of $8,814 million surpassed the Zacks Consensus Estimate of $7,222 million by 22.1%. Revenues also improved 5.4% from year-ago quarter. The improvement in revenues was due strong performance from Utility and Generation businesses.
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