Exelon (EXC) To Report Q4 Earnings: What's In The Offing?
Zacks Investment Research | Feb 05, 2020 09:36PM ET
Exelon Corporation (NASDAQ:EXC) is set to report fourth-quarter results on Feb 11. The company came up with a positive earnings surprise of 4.6% in the last reported quarter.
Let’s see how things have shaped up for this utility prior to the earnings announcement.
Factors at Play
Exelon’s fourth-quarter earnings are expected to have benefited from the company’s cost-saving initiatives.
The sudden spike in demand due to unreasonably cold weather in Illinois in November was addressed through continuous operation of its six nuclear plants therein. This is likely to have a positive impact on results in the to-be-reported quarter.
The Zacks Consensus Estimate for earnings is pegged at 73 cents per share, indicating 25.8% growth from the year-ago reported figure.
What Our Quantitative Model Predicts
Our proven model does not conclusively predict an earnings beat for Exelon this time around. A stock needs to have both a positive Original post
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