Investing.com - Exelon (NASDAQ:EXC) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Exelon announced earnings per share of $1.09 on revenue of $8.91B. Analysts polled by Investing.com anticipated EPS of $1.08 on revenue of $8.5B.
Exelon shares are up 27.29% from the beginning of the year and are trading at $53.74 , down-from-52-week-high.They are outperforming the Nasdaq which is up 21.43% 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 October 20, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
ENI ADR had beat expectations on Friday with third quarter EPS of $0.9272 on revenue of $22.05B, compared to forecast for EPS of $0.7213 on revenue of $19.3B.
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