• Mon. Nov 30th, 2020

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Updated market report: Exelon Corporation (NASDAQ: EXC)

On 05 March 2020, Exelon Corporation (NASDAQ: EXC) spotted trading -9.87% off 52-week high price. On the other end, the stock has been noted 9.00% away from the low price over the last 52-weeks. The stock changed -1.47% to recent value of $46.13. The stock transacted 8485827 shares during most recent day however it has an average volume of 6132.16K shares.

Exelon Corporation (EXC) recently stated its financial results for the fourth quarter and full year 2019.

“Each of our utilities achieved record-high consumer satisfaction in 2019 as we continued to invest in infrastructure to increase reliability and prepare the grid to accommodate more renewable energy, electric vehicles and other technology necessary to meet the challenge of climate change,” stated Christopher M. Crane, president and CEO of Exelon. “Our nuclear fleet achieved its highest capacity factor in company history, and our total generation output accounted for about 12 percent of all the carbon-free energy produced in the U.S., avoiding nearly 81M metric tons of greenhouse gas emissions. We continued to support the communities we serve last year by volunteering a record-breaking 251,000 hours and donating nearly $52M to nonprofits.”

Fourth Quarter 2019

Exelon’s GAAP Net Income for the fourth quarter of 2019 increased to $0.79 per share from $0.16 per share in the fourth quarter of 2018. Adjusted (non-GAAP) Operating Earnings increased to $0.83 per share in the fourth quarter of 2019 from $0.58 per share in the fourth quarter of 2018. For the reconciliations of GAAP Net Income to Adjusted (non-GAAP) Operating Earnings, refer to the tables starting on page 6.

Adjusted (non-GAAP) Operating Earnings in the fourth quarter of 2019 primarily reflect:

Higher utility earnings Because of regulatory rate increases at PECO, BGE and PHI; and

Higher Generation earnings Because of higher realized energy prices, reduced nuclear outage days, lower operating and maintenance expense and research and development income tax benefits, partially offset by lower capacity prices.

Full Year 2019

Exelon’s GAAP Net Income increased to $3.01 per share from $2.07 per share in 2018. Exelon’s Adjusted (non-GAAP) Operating Earnings for 2019 increased to $3.22 per share from $3.12 per share in 2018.

Adjusted (non-GAAP) Operating Earnings for the full year 2019 primarily reflect:

Higher utility earnings Because of regulatory rate increases at PECO, BGE and PHI and higher electric distribution, transmission and energy efficiency earnings at ComEd; partially offset by,

Lower Generation earnings Because of lower realized energy and capacity prices, partially offset by lower operating and maintenance expense, reduced nuclear outage days and research and development income tax benefits.

Its earnings per share (EPS) expected to touch remained 45.70% for this year while earning per share for the next 5-years is expected to reach at -2.30%. EXC has a gross margin of 55.00% and an operating margin of 12.70% while its profit margin remained 8.50% for the last 12 months.  According to the most recent quarter its current ratio was 0.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of -3.77% from the mean of 20 days, -2.08% from mean of 50 days SMA and performed -1.70% from mean of 200 days price. Company’s performance for the week was 2.19%, -4.08% for month and YTD performance remained 1.18%.

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