Exelon gains on third-quarter profit beat
EXC•Exelon reported third-quarter adjusted profit of 87 cents per share, above analysts’ average estimate of 79 cents, and narrowed its full-year adjusted profit outlook to $2.85-$2.91 per share from $2.81-$2.91.
1. Profit and outlook
Exelon’s third-quarter adjusted profit was 87 cents per share, beating analysts’ average estimate of 79 cents. The company narrowed its full-year adjusted profit outlook to $2.85-$2.91 per share from $2.81-$2.91, citing increased demand and higher rates.
