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Exelon's Q3 Adjusted Earnings, Revenue Rise; Reaffirms Full-Year Earnings Outlook, Maintains Quarterly Dividend
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Exelon's Q3 Adjusted Earnings, Revenue Rise; Reaffirms Full-Year Earnings Outlook, Maintains Quarterly Dividend
Oct 30, 2024 9:06 PM

07:23 AM EDT, 10/30/2024 (MT Newswires) -- Exelon ( EXC ) reported Q3 adjusted earnings Wednesday of $0.71 per diluted share, up from $0.67 a year earlier.

Analysts polled by Capital IQ expected $0.67.

Revenue for the quarter ended Sept. 30 was $6.15 billion, up from $5.98 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.08 billion.

For full-year 2024, the company reaffirmed adjusted operating earnings guidance range of $2.40 to $2.50 per share. Analysts surveyed by Capital IQ expect $2.45.

The utility said its board has maintained its quarterly dividend at $0.38, payable on Dec. 13 to shareholders of record as of Nov. 11.

Exelon ( EXC ) shares were more than 2% higher in premarket trading.

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