Exelon: Fourth Quarter Earnings Overview

Exelon Reports Strong Fourth-Quarter Earnings

Exelon Corp., headquartered in Chicago, announced on Thursday that it achieved a net profit of $593 million for the fourth quarter.

The company's earnings translated to 58 cents per share. After adjusting for one-time items, adjusted earnings were 59 cents per share.

These results surpassed analyst expectations, as a consensus of five analysts polled by Zacks Investment Research had forecasted earnings of 53 cents per share.

During the same period, Exelon generated $5.41 billion in revenue, which fell short of the $5.54 billion anticipated by analysts surveyed by Zacks.

For the entire year, Exelon reported a total profit of $2.77 billion, or $2.73 per share, with annual revenue reaching $24.26 billion.

Looking ahead, the company projects its full-year earnings per share to be between $2.81 and $2.91.