Pepco (NASDAQ:POM) Issues Earnings Results

Pepco (NASDAQ:POM) issued its quarterly earnings results on Tuesday. The utilities provider reported ($2.19) earnings per share for the quarter, FiscalAI reports. The business had revenue of $13.62 million during the quarter.

Pepco Price Performance

NASDAQ POM opened at $0.93 on Wednesday. The stock’s fifty day moving average price is $0.85 and its 200 day moving average price is $2.67. Pepco has a 1 year low of $0.50 and a 1 year high of $115.74.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Pepco from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

About Pepco

Pepco Holdings, Inc was a regulated electric utility holding company that operated through several regional utility subsidiaries. Its businesses focused on the generation procurement, transmission, distribution and retail delivery of electricity to residential, commercial and governmental customers.

The company’s principal utilities included Potomac Electric Power Company (Pepco), which served customers in Washington, DC, and parts of Maryland; Delmarva Power, which operated in Delaware and portions of Maryland and Virginia; and Atlantic City Electric, which served southern New Jersey.