Investing.com - Exelon (NASDAQ:EXC) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Exelon announced earnings per share of $0.89 on revenue of $7.92B. Analysts polled by Investing.com anticipated EPS of $0.6804 on revenue of $7.11B.
Exelon shares are up 63% from the beginning of the year and are trading at $47.38 , down-from-52-week-high.They are outperforming the Nasdaq which is up 14.53% from the start of the year.
Exelon follows other major Utilities sector earnings this month
Exelon's report follows an earnings beat by NextEra Energy on July 23, who reported EPS of $0.71 on revenue of $3.93B, compared to forecasts EPS of $0.6977 on revenue of $4.97B.
Iberdrola SA had missed expectations on July 21 with second quarter EPS of $0.3772 on revenue of $10.21B, compared to forecast for EPS of $0.3774 on revenue of $9.67B.
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