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Exelon [[(EXC]] +1.6%) forecasts FY operating EPS of $2.55-$2.85, some way below consensus of...
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Thursday, June 7, 2012, 11:06 AM ETExelon [[(EXC]] +1.6%) forecasts FY operating EPS of $2.55-$2.85, some way below consensus of $2.98. The company is suffering from low natural gas prices that are forcing wholesale power prices lower, while warm winter weather reduced demand.
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This news story has 2 comments:
The question is how long will it be before the low price of NG plays out due to rising demand.
EXC is a winner long term barring a disaster of the Japan type.
Hang in there shareholders. View this lower price today as an opportunity to buy more shares at basement prices. I will be surprised if the dividend is lowered. What does everyone think on this?