Exelon Corporation (NASDAQ:EXC) has been quite active in recent times. Despite underperforming on certain days, the corporation's stock has seen significant gains. There have been notable transactions involving firms like
Principal Securities Inc and
Fisher Asset Management LLC, and even insider holdings increased last year. Repeated mentions of strong
institutional backing mean a robust faith in the company's prospects. However, the corporation faced missed earnings per share (EPS) estimates by
5.8% which led analysts to revise their forecasts. Furthermore, the energy company has been noted for consistent
dividend analysis and payments, even increasing its
dividend to $0.36. Exelon appears keen on becoming a
strong momentum stock for long-term investment. There's also mention of the company's inaugural
EV Adoption Programs initiated by its unit
ComEd. The corporation recently declared
Q1 2024 earnings weren't fully aligned with expectations, reporting lagging EPS while simultaneously beating revenue expectations. It is, however, interesting to note Exelon's commitment towards
cost management and intent to make a
$29B investment.
Exelon Corporation EXC News Analytics from Sat, 05 Aug 2023 07:00:00 GMT to Wed, 15 May 2024 20:59:00 GMT -
Rating 1
- Innovation 3
- Information 6
- Rumor -7
