The company provided earnings per share (EPS) guidance of 2.600-3.000 for the period, compared to the Thomson Reuters consensus estimate of $2.800. In addition, this measure is among the primary indicators management uses as a basis for evaluating performance, allocating resources, setting incentive compensation targets, and planning and forecasting of future periods. Join the webcast here Supporting Materials Lowe’s Companies, Inc. (NYSE:LOW) Holdings Raised by Financial Strategies Group Inc. Staley Capital Advisers Inc. Increases Stock Position in Mondelez International, Inc. (NASDAQ:MDLZ), Bar Harbor Trust Services Sells 977 Shares of The TJX Companies, Inc. (NYSE:TJX), US Foods Holding Corp. (NYSE:USFD) Receives Average Rating of “Buy” from Brokerages, Columbia Sportswear (NASDAQ:COLM) Given Average Rating of “Buy” by Analysts, Edgeware Tops 24 Hour Volume of $1.82 Million (EDG), Bancor Price Hits $5.60 on Top Exchanges (BNT), A. O. Smith Co. (NYSE:AOS) Director Bruce M. 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(NASDAQ:GOOG) is Suncoast Equity Management’s 4th Largest Position, Institutional & Family Asset Management LLC Buys 11,833 Shares of Morgan Stanley (NYSE:MS), AKO Capital LLP Sells 77,252 Shares of ANSYS, Inc. (NASDAQ:ANSS), Brokerages Anticipate Vocera Communications, Inc. (NYSE:VCRA) to Post $0.09 Earnings Per Share, First National Bank & Trust Co. of Newtown Purchases Shares of 1,587 Agilent Technologies, Inc. (NYSE:A), Ithaka Group LLC Decreases Position in salesforce.com, inc. (NYSE:CRM), 16,464 Shares in Masco Co. (NYSE:MAS) Purchased by UBP Investment Advisors SA, Kingsoft Cloud (NASDAQ:KC) Releases Quarterly Earnings Results, Misses Expectations By $0.78 EPS, Edgestream Partners L.P. Exelon stock traded down $1.27 during mid-day trading […] ComEd's first quarter of 2021 GAAP Net Income increased to $197 million from $168 million in the first quarter of 2020. Due to revenue decoupling, BGE's distribution earnings are not affected by actual weather or customer usage patterns. Exelon Corporation’s next quarterly earnings report is expected to be released around August 02 – August 06, 2021. On March 30, 2021, Pepco issued $150 million of its First Mortgage Bonds, 2.32% Series due March 30, 2031. The Company has provided the non-GAAP financial measure as supplemental information and in addition to the financial measures that are calculated and presented in accordance with GAAP. Q1 2021 Exelon Corporation Earnings Conference Call. Exelon Corporation’s next quarterly earnings report is expected to be released around August 02 – August 06, 2021. Exelon Earnings per Diluted Share Exelon ComEd PECO BGE PHI Generation. The webcast and associated materials can be accessed at, In addition to net income as determined under generally accepted accounting principles in the United States (GAAP), Exelon evaluates its operating performance using the measure of Adjusted (non-GAAP) Operating Earnings because management believes it represents earnings directly related to the ongoing operations of the business. The company has a 50-day moving average price of $44.64 and a two-hundred day moving average price of $42.56. The only hint Crane has given came in a May 5 earnings call with analysts when he pointed to a recent decision in New Jersey to subsidize nukes there. Exelon had a return on equity of 9.24% and a net margin of 7.15%. Exelon shares have climbed 6% since the beginning of the year, while the S&P's 500 index has climbed 11%. EXELON REPORTS FIRST QUARTER 2021 RESULTS Earnings Release Highlights GAAP Net Loss of $(0.30) per share and Adjusted (non-GAAP) Operating Loss of $(0.06) per share for the first quarter of 2021 Affirming range for full year 2021 adjusted (non-GAAP) operating earnings guidance of $2.60-$3.00 per share The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Various parties, including Generation, have filed requests with the PUCT to void the PUCT’s orders setting prices at $9,000 per megawatt hour during firm load shedding events and to enforce its order and reduce prices for 32 hours between February 18 and February 19 after firm load shedding ceased. Q1. Invests $28.70 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). PECO filed an electric distribution rate case with the PAPUC in March and ComEd filed its annual distribution formula rate update with the ICC in April. Seaport Global Securities analyst A. Storozynski forecasts that the company will earn $0.35 per share for the quarter. Exelon's (EXC) Q1 Earnings Miss Estimates, Revenues Beat Exelon (EXC) incurs loss for the first quarter due to the adverse impact of extreme cold weather. Both cases are seeking an increase in electric distribution base rates to support investments that will enhance the reliability of the grid and enable the advancement of clean technologies and renewable energy. This utility delivered an earnings surprise of 7.04% in the last reported quarter. PECO used the proceeds for general corporate purposes. First Quarter 2021. For 2021, total gross margin is down $150 million versus the fourth-quarter call, due to the increase in the estimated impact of the February weather … Exelon stock traded up $0.68 during mid-day trading on Friday, reaching $45.09. Exelon expects to offset between $410 million and $490 million of this impact for the full year 2021 primarily at Generation through a combination of enhanced revenue opportunities, deferral of selected non-essential maintenance, and primarily one-time cost savings. Exelon (NASDAQ:EXC) issued an update on its FY 2021 earnings guidance on Wednesday morning. During the same quarter in the prior year, the company posted $0.87 EPS. Exelon introduces 2021 adjusted (non-GAAP) operating earnings guidance range of $2.60-$3.00 per share, reflecting growth in Utilities, offset by impacts of … Paul AdamsCorporate Communications410-245-8717, Emily DuncanInvestor Relations312-394-2345, QAwCAdDa+MLEuOhkj2iIR8rD7z3NLfQIMYUJo6lFJ3ph4Si17+IKr84kGKnImhfseUn8IJJvSCp/LqIVglMmB18wlxSDutF0VdXDfhPniuqmCoJvOHheKAEI2TC9g/jG1xa/UVrAz/0zaPf+ZQHK34dOH5bxfMd9WMfneZD5WgU=, “Our utility businesses performed at a high level both financially and operationally during the first quarter, and we continue to invest in customer service and grid modernization across our six utilities,” said Christopher M. Crane, president and CEO of Exelon. EXC stock traded up $0.68 during mid-day trading on Friday, reaching $45.09. Adjusted (non-GAAP) Operating Earnings (Loss) for the first quarter of 2021 do not include the following items (after tax) that were included in reported GAAP Net Income (Loss): Unless otherwise noted, the income tax impact of each reconciling item between GAAP Net Income (Loss) and Adjusted (non-GAAP) Operating Earnings (Loss) is based on the marginal statutory federal and state income tax rates for each Registrant, taking into account whether the income or expense item is taxable or deductible, respectively, in whole or in part. Earnings Releases Show all. The first quarter estimated impact includes certain charges associated with the natural gas business that may be reduced through waivers and/or recoveries from customers. “The Texas storms and subsequent generation outages resulted in a 90 cents per share impact to operating earnings, though we expect to narrow some of that loss over the course of the year. It looks like your browser does not have JavaScript enabled. Seaport Global Securities analyst A. Storozynski forecasts that the company will earn $0.35 per share for the quarter. EXC has been the […] Adjusted (non-GAAP) Operating Earnings should not be deemed more useful than, a substitute for, or an alternative to the most comparable GAAP Net Income measures provided in this. Higher utility earnings primarily due to higher electric distribution earnings at ComEd from higher rate base and higher allowed ROE due to an increase in treasury rates; the favorable impacts of the multi-year plan at BGE; regulatory rate increases at PHI; and favorable weather conditions at PECO and PHI. Exelon Corp (EXC) Q1 2021 Earnings Call Transcript Motley Fool Transcribers 5/5/2021. BGE. Exelon Corporation (EXC Quick Quote EXC - Free Report) is scheduled to release first-quarter 2021 earnings on May 5, before the market opens.This utility delivered an earnings … ComEd used the proceeds to repay existing indebtedness and for general corporate purposes.
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