ISI Group Starts Stock Coverage on Potomac Electric Pow (POM)

By admin | 6 years ago

Research analysts at ISI Group began coverage on shares of Potomac Electric Pow (NYSE: POM) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Potomac Electric Pow traded down 0.11% on Tuesday, hitting $19.02. Potomac Electric Pow has a 1-year low of $16.57 and a 1-year high of $20.64. The company has a market cap of $4.342 billion and a price-to-earnings ratio of 16.54.

Potomac Electric Pow last released its earnings data on Friday, May 4th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.06. The company’s revenue for the quarter was down 20.9% on a year-over-year basis. Analysts expect that Potomac Electric Pow will post $0.45 EPS next quarter.

Pepco Holdings, Inc. (PHI) is a diversified energy company. The Company through its operating subsidiaries, is engaged primarily in two businesses: The distribution, transmission and default supply of electricity and the delivery and supply of natural gas (Power Delivery), conducted through Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE), and competitive energy generation, marketing and supply (Competitive Energy) conducted through subsidiaries of Conectiv Energy Holding Company (collectively Conectiv Energy) and Pepco Energy Services, Inc.

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