Exelon Corporation (EXC) has seen ups and downs, as reflected in recent market data. The missed Q1 2024 EPS target by 5.8% prompted analysts to update their forecasts while dividend analysis suggests fluctuating returns. Institutional investors, owning 83-84% of the company, form a substantial part of the shareholder structure, even as some look to reduce their holdings. Despite institutional backing, shareholder optimism seems to be wavering due to unsatisfactory growth. The company's Q4 2023 earnings report showed strong momentum, however the Q1 2024 earnings fell behind estimates while sales increased year-on-year. Furthermore, Exelon's ComEd unit has launched EV adoption programs to support sustainable energy use. Stock performance has varied and recently showed strong performance despite market losses. The 26% gain for investors over the past five years puts them at a comfortable return. Looking to the future, Zacks investment research expects risen earnings estimates. However risks to shareholder returns are elevated at the current prices.
Exelon Corporation EXC News Analytics from Sat, 05 Aug 2023 07:00:00 GMT to Fri, 10 May 2024 11:02:29 GMT -
Rating -2
- Innovation 0
- Information 4
- Rumor -3
