Investing.com - Exelon (NASDAQ:EXC) reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Exelon announced earnings per share of $0.6382 on revenue of $9.63B. Analysts polled by Investing.com anticipated EPS of $0.6463 on revenue of $5.31B.
Exelon shares are down 26.25% from the beginning of the year, still down 26.82% from its 52 week high of $58.21 set on February 1. They are under-performing the S&P 500 which is down 8.01% from the start of the year.
Exelon follows other major Utilities sector earnings this month
Exelon's report follows an earnings missed by Duke Energy on February 10, who reported EPS of $0.94 on revenue of $6.24B, compared to forecasts EPS of $0.9615 on revenue of $6.53B.
Iberdrola SA had beat expectations on Wednesday with fourth quarter EPS of $0.9513 on revenue of $12.59B, compared to forecast for EPS of $0.8638 on revenue of $13.66B.
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