Pepco (NASDAQ:POM) Announces Quarterly Earnings Results

Pepco (NASDAQ:POM) released its earnings results on Tuesday. The utilities provider reported ($21.88) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $13.62 million during the quarter.

Pepco Stock Down 3.8%

Shares of POM stock traded down $0.03 during trading on Friday, hitting $0.89. The company had a trading volume of 1,990 shares, compared to its average volume of 170,946. The stock’s 50-day moving average is $0.85 and its two-hundred day moving average is $2.59. Pepco has a 52 week low of $0.50 and a 52 week high of $115.74.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Pepco from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Pepco Company Profile

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.