Investing.com - Exelon (NASDAQ:EXC) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.92 on revenue of $8.93B. Analysts polled by Investing.com forecast EPS of $0.89 on revenue of $8.97B. That compared to EPS of $0.88 on revenue of $9.4B in the same period a year earlier. The company had reported EPS of $0.6 on revenue of $7.65B in the previous quarter.
For the year, Exelon shares are up 3.46%, under-performing the S&P 500 which is up 23% year to date.
Exelon follows other major Utilities sector earnings this month
On October 22, NextEra Energy reported third quarter EPS of $2.39 on revenue of $5.57B, compared to forecasts of EPS of $2.29 on revenue of $5.16B.
Southern earnings beat analyst's expectations on Wednesday, with third quarter EPS of $1.34 on revenue of $6B. Investing.com analysts expected EPS of $1.15 on revenue of $6.18B
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