Exelon (EXC) to Report Q4 Results: Here’s What to Expect

Exelon Company EXC is set to release its Q4 2022 financial results on February 14, before the market opens. In the last quarter, the company surprised with its financial results by 4.17%.

Let’s talk about the factors that are likely to be reflected in the upcoming quarterly results.

Factors to consider

Exelon Corporation’s fourth-quarter earnings were likely impacted by the introduction of the new DPL Delaware Natural Gas Base Rate Case.

The company’s fourth-quarter earnings were likely impacted by strong customer demand and unbundled distribution rates, which reduced volume risk.

Expectations

The Zacks Consensus Estimate for fourth-quarter earnings is 43 cents per share, representing a year-over-year decline of 52.22%.

The Zacks Consensus Estimate for fourth-quarter revenues is $4.52 billion, representing a year-over-year decline of 53.07%.

Quantitative model predictions

Our proven model doesn’t expect Exelon to ultimately beat its earnings this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That’s not the case here, as you’ll see below.

Exelon Corporation Price and EPS Surprise

Exelon Corporation eps-price-surprise | Exelon Corporation Quote

ESP revenues:The company’s ESP is 0.00%.

With our Earnings ESP Filter, you can discover the best stocks to buy or sell before they are announced.

Zack Rank:Exelon currently has a Zacks Rank of #3. You can see The complete list of today’s Zacks #1 Rank stocks here.

Actions to consider

Investors can consider the following players from the same sector that have the right combination of elements to post record earnings in the reporting quarter.

Entergia ETR is likely to beat earnings when it reports its fourth-quarter results on February 16, 2023, before market open. It currently has an Earnings ESP of +3.3% and a Zacks Rank of #3.

Entergy’s long-term (three to five years) earnings growth rate is estimated at 6%. The Zacks Consensus Estimate for 2023 earnings per share (EPS) is $6.68, implying year-over-year growth of 4.7%.

Public Service Enterprises Group PEG is likely to achieve better financial results when it reports fourth-quarter earnings on February 21, 2023, before the market opens. It currently has an Earnings ESP of +3.72% and a Zacks Rank #3.

Public Service Enterprise Group’s long-term earnings growth rate is estimated at 2.36%. The current dividend yield is 3.53%, while the Zacks S&P 500 Composite Index average is 1.51%.

TransAlta TAC is likely to beat earnings when it reports its fourth-quarter results on February 23, 2023, before the market open. It has an Earnings ESP of +26% and currently holds a Zacks Rank of #1.

The Zacks Consensus Estimate is for 2023 earnings per share of 93 cents, which would represent year-over-year growth of 41.16%. TransAlta’s current dividend yield is 1.8% compared to the Zacks S&P 500 composite’s average of 1.51%.

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