earnings
confidence high
sentiment positive
materiality 0.70
Exelon Q1 adjusted EPS $0.70 beats prior year $0.64; reaffirms FY guidance
EXELON CORP
2024-Q1 EPS reported
$0.67
revenue$5,563,000,000
- GAAP EPS $0.67; adjusted (non-GAAP) operating EPS $0.70, up from $0.64 YoY.
- Reaffirmed full-year 2023 adjusted EPS guidance range of $2.30-$2.42.
- ComEd adjusted earnings $251M (+$58M YoY) on higher allowed ROE and rate base.
- PECO adjusted earnings $166M (-$42M YoY) due to unfavorable weather and higher costs.
- Filed rate cases: ACE $105M (NJ), BGE three-year plan, Pepco DC $117M+ for 2024.