Exelon Q2 GAAP EPS $0.34, adj $0.41; reaffirms FY23 $2.30-$2.42

EXELON CORP

2024-Q2 EPS reported $1.02 revenue$10,380,000,000

GAAP EPS from continuing ops $0.34 vs $0.47 YoY; adjusted operating EPS $0.41 vs $0.44.
FY23 adjusted EPS guidance reaffirmed at $2.30–$2.42; maintains 6-8% CAGR target through 2025/26.
ComEd adj earnings $251M (+$22M YoY) on higher allowed ROE and rate base; PECO adj $98M (-$36M) on unfavorable weather.
PHI adj earnings $115M (+$14M) on rate increases; BGE adj $43M (+$5M) on multi-year plan benefits.
Pepco filed 3-year MD multi-year plan seeking $134M cumulative revenue increase, proposed 9-month extension.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EXELON CORP reported second quarter of 2023 results: net income $0.34 per share, EPS $0.34 per share. Guidance reaffirmed.

Period: second quarter of 2023
Net income: $0.34 per share
EPS: $0.34 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

ews Release Contact: James Gherardi Corporate Communications 312-394-7417 Andrew Plenge Investor Relations 312-394-2345 EXELON REPORTS SECOND QUARTER 2023 RESULTS Earnings Release Highlights • GAAP Net Income of $0.34 per share and Adjusted (non-GAAP) Operating Earnings of $0.41 per share for the second quarter of 2023 • Reaffirming full year 2023 Adjusted (non-GAAP) Operating Earnings guidance range of $2.30-$2.42 per share • Reaffirming fully regulated operating EPS compounded annual growth target of 6-8% from 2021 and 2022 guidance midpoints through 2025 and 2026, respectively, with expectation to be at midpoint or better of growth range • Strong utility reliability performance – every utility achieved top quartile in outage duration and outage frequency, and ComEd, PECO, and PHI delivered best-on-record performance for the second straight quarter • Pepco submitted its three-year mult

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

EXELON CORP filing history →

Source: SEC EDGAR

accession 0001109357-23-000064

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