CHICAGO (AP) — CHICAGO (AP) — Exelon Corp. (EXC) on Friday reported third-quarter earnings of $729 million.
The Chicago-based company said it had net income of 70 cents per share. Earnings, adjusted for non-recurring costs, were 87 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The energy company posted revenue of $7.32 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $6.87 billion.
Exelon expects full-year earnings in the range of $2.85 to $2.91 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXC at https://www.zacks.com/ap/EXC
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
