Alert: New Earnings Report (8/1/24)-Exelon Corp (NASDAQ: EXC).

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Exelon Corp (NASDAQ: EXC) has reported E.P.S. of $0.45 for its second fiscal quarter (ending June 30) versus $0.34 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $2.43 versus $2.13 for the same period a year ago.

Recent Price Action

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Exelon Corp (NASDAQ: EXC) stock closed at $38.26 on 8/1/24 after a large increase of 2.8%. This advance was accompanied by normal trading volume. The stock has risen 4.9% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EXC is expected to continue to be an important Value Builder.

Exelon has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Exelon has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 37, resulting in the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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