Exelon Corporation’s EXC third-quarter 2019 operating earnings of 92 cents per share surpassed the Zacks Consensus Estimate of 88 cents by 4.5%. The operating earnings also exceeded the guidance range of 80-90 cents. Also, the reported earnings were 4.5% higher than the year-ago figure of 88 cents. The year-over-year increase in earnings was due to rate increases at PECO, BGE and PHI, lower operating expenses, and decrease in nuclear outage days.On a GAAP basis, its quarterly earnings were 79 cents per share compared with 76 cents in the year-ago quarter.Total RevenuesExelon's total revenues of $8,929 million lagged the Zacks Consensus Estimate of $9,365 million by 4.6%. The top line also declined 5% from the year-ago figure of $9,043 million. The year-over-year decline in revenues was due lower contribution from Generation, BGE and ComEd businesses. Exelon Corporation Price, Consensus and EPS Surprise Exelon Corporation price-consensus-eps-surprise-chart | Exelon Corporation QuoteHighlights of the ReleaseExelon's total operating expenses decreased 8.4% year over year to $7,559 million. The decline in total expenses was due to lower power and fuel costs, as well as operating and maintenance expenses.Interest expenses were $409 million, up 4.1% from $33 million in the year-ago quarter.In the first nine months of 2019, the company efficiently serviced more electric and natural gas customers than the comparable year-ago period.HedgesExelon's hedging program involves safeguarding of commodity risks for expected generation, typically on a ratable basis, over a three-year period. The proportion of expected generation hedged as of Sep 30 was 96-99% for 2019, 84-87% for 2020 and 54-57% for 2021.Financial HighlightsCash and cash equivalents were $1,683 million as of Sep 30, 2019 compared with $1,349 million on Dec 31, 2018.Long-term debt was $32,056 million as of Sep 30, 2019 compared with $34,075 million on Dec 31, 2018.Cash from operating activities in the first nine months of 2019 was $5,399 million compared with $6,675 million in the comparable year-ago period.GuidanceExelon narrowed its 2019 earnings guidance to the range of $3.05-$3.20 per share from $3.00- $3.30.Other ReleasesNextEra Energy NEE reported third-quarter 2019 adjusted earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.27 by 5.3%. Moreover, the reported earnings rose 10.1% on a year-over-year basis.Entergy Corporation ETR reported third-quarter 2019 adjusted earnings of $2.52 per share, which surpassed the Zacks Consensus Estimate of $2.31 by 9.1%. Moreover, the reported figure rose 7.2% from $2.35 per share in the year-ago quarter.Public Service Enterprise Group Inc. PEG reported third-quarter 2019 adjusted operating earnings of 98 cents per share, which surpassed the Zacks Consensus Estimate of 95 cents by 3.2%Zacks Rank Exelon currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Free: Zacks’ Single Best Stock Set to DoubleToday you are invited to download our just-released Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.Download Free Report Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Entergy Corporation (ETR): Free Stock Analysis Report Public Service Enterprise Group Incorporated (PEG): Free Stock Analysis Report NextEra Energy, Inc. (NEE): Free Stock Analysis Report Exelon Corporation (EXC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research