Pepco (NASDAQ:POM) Announces Quarterly Earnings Results

Pepco (NASDAQ:POM) issued its earnings results on Thursday, May 14th. The utilities provider reported ($0.13) earnings per share (EPS) for the quarter, reports. The business had revenue of $16.40 million for the quarter.

Pepco Stock Up 13.1%

NASDAQ:POM opened at $1.64 on Thursday. The company has a 50 day simple moving average of $3.07 and a two-hundred day simple moving average of $4.56. Pepco has a 12 month low of $1.17 and a 12 month high of $115.74.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Pepco in a report on Tuesday, June 23rd. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Pepco Company Profile

Pepco Holdings LLC, formerly Pepco Holdings, Inc, is a holding company. The Company, through its utility subsidiaries, is engaged in the transmission, distribution and default supply of electricity, and the distribution and supply of natural gas. The Company’s segments include Power Delivery, Pepco Energy Services, and Corporate and Other. The Company’s subsidiaries include Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE). Pepco is engaged in the transmission, distribution and default supply of electricity.