---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-23-000036"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:12:10.373730+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exelon Q1 adjusted EPS $0.70 beats prior year $0.64; reaffirms FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001109357-23-000036
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000036/0001109357-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8192/000110935723000036/exc-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-23-000036
- JSON: https://secwatch.observer/filing/0001109357-23-000036.json
- Plain text: https://secwatch.observer/filing/0001109357-23-000036.txt

## Key facts
- Earnings Releases
  EXELON CORP reported the first quarter of 2023 results: EPS $0.67 per share. Guidance reaffirmed.
  - Period: the first quarter of 2023
  - EPS: $0.67 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: EXELON REPORTS FIRST QUARTER 2023 RESULTS Earnings Release Highlights • GAAP Net Income of $0.67 per share and Adjusted (non-GAAP) Operating Earnings of $0.70 per share for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000036/0001109357-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.