Adj Q2 EPS of $1.03 tops Wall St. view of 99 cts
* Reaffirms full-year earnings forecast
* Shares slip in pre-market trade
NEW YORK, July 24 (Reuters) - Power company Exelon Corp (EXC.N), which earlier this week withdrew a hostile takeover bid for NRG Energy Inc (NRG.N), posted a 12 percent drop in second-quarter earnings on slack demand for electricity and higher costs for nuclear fuel.
Net earnings fell to $657 million, or 99 cents per share, from $748 million, or $1.13 per share, in the year-ago quarter.
Adjusted earnings for the quarter of $1.03 topped analysts' average forecast of 97 cents per share, according to Reuters Estimates.
The company, which owns the PECO utility in Pennsylvania and ComEd in Chicago, reaffirmed its expectation that it would earn an adjusted $4.00 per share to $4.30 per share for the full year.
Third quarter adjusted earnings are expected to be between 90 cents per share and $1.00 per share.
Shares in Exelon slipped 0.5 percent to $53.75 per share in premarket trading. (Reporting by Matt Daily, editing by Gerald E. McCormick
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