Exelon Corp., a nuclear power plant operator and utility services holding company, reported first quarter 2011 earnings on Wednesday. Exelon reported net income of $668 million ($1.01/share) during Q1 of 2011. This compares with net income of $749 million ($1.13/share) in the first quarter of 2010. Exelon Corp. reports that revenue was up 13% to $5.05 billion. In the year ago period revenue stood at $4.46 billion.
Through Exelon Nuclear the company produces approximately 20% of the U.S. nuclear industry’s power capacity. Exelon operates 10 nuclear power plants and 17 nuclear reactors.
EXC stock price closed the day with a quote of $41.49 a share.