Exelon Reports First Quarter 2021 Results
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Exelon Corp. (EXC) Misses Q1 EPS by 42c, Revenues Beat; Offers FY21 EPS Guidance
May 5, 2021 6:52 AM EDTExelon Corp. (NASDAQ: EXC) reported Q1 EPS of ($0.06), $0.42 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $9.89 billion versus the consensus estimate of $8.38 billion.
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 2021Affirming range for full year 2021 adjusted (non-GAAP) operating earnings guidance of $2.60-$3.00 per shareStrong utility reliability performance - all gas utilities achieved top decile in gas odor response and every utility achieved top quartile in outage frequency and outage... More