BUZZ-Exelon shares rise as Q3 earnings exceed expectations

October 30 - ** Shares of utility company Exelon (EXC.O) rose 4.1% in premarket trading, reaching $47.80

** EXC's third quarter earnings exceeded market expectations, driven by increased demand and higher electricity prices

** Adjusted earnings per share for the third quarter was 87 cents, above analysts' average estimate of 79 cents per share — data compiled by LSEG

** The company also narrowed its full-year adjusted earnings per share guidance range from the prior $2.81 to $2.91 to a new range of $2.85 to $2.91

** As of the previous trading day's close, the stock was up 5.3% year-to-date

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