Exelon (NYSE:EXC) reported third quarter earnings that beat analyst's expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.88 on revenue of $8.1B. Analysts polled by expected EPS of $0.87 on revenue of $8.58B. That compared to EPS of $0.85 on revenue of $8.77B in the same period a year earlier. The company had reported EPS of $0.71 on revenue of $8.08B in the previous quarter.
For the year, Exelon shares are up 11.16%, outperforming the S&P 500 which is up 1.04% year to date.
Exelon follows other major Utilities sector earnings this month
On October 23, NextEra Energy (NYSE:NEE) reported third quarter EPS of $2.18 on revenue of $4.42B, compared to forecasts of EPS of $2.15 on revenue of $4.91B.
Enterprise Products Partners LP earnings beat analyst's expectations on Wednesday, with third quarter EPS of $0.6 on revenue of $9.59B. analysts expected EPS of $0.45 on revenue of $9.11B
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