---
schema_version: "secwatch.filing_event.v1"
accession: "0001109357-23-000093"
form_type: "8-K"
ticker: "EXC"
cik: "0001109357"
company_name: "EXELON CORP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:21:55.225827+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Exelon reports Q3 adjusted EPS $0.67, down from $0.75 YoY; narrows FY guidance to $2.32-$2.40

## Summary
- GAAP EPS $0.70; adjusted (non-GAAP) EPS $0.67, vs $0.75 a year ago.
- Narrowed FY 2023 adjusted EPS guidance to $2.32-$2.40 from $2.30-$2.42.
- Reaffirmed 6-8% fully regulated operating EPS CAGR target through 2025/2026; expects midpoint or better.
- Declared Q4 dividend of $0.36/share, payable Dec 8 to holders of record Nov 15.
- ComEd adjusted earnings rose to $338M; PECO, BGE, PHI declined due to higher storm costs, depreciation, and interest.

## SEC filing metadata
- accession: 0001109357-23-000093
- form_type: 8-K
- ticker: EXC
- cik: 0001109357
- company_name: EXELON CORP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000093/0001109357-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8192/000110935723000093/exc-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001109357-23-000093
- JSON: https://secwatch.observer/filing/0001109357-23-000093.json
- Plain text: https://secwatch.observer/filing/0001109357-23-000093.txt

## Key facts
- Earnings Releases
  EXELON CORP reported third quarter of 2023 results: net income $0.70 per share, EPS $0.70 per share. Guidance reaffirmed.
  - Period: third quarter of 2023
  - Net income: $0.70 per share
  - EPS: $0.70 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: ews Release Contact: James Gherardi Corporate Communications 312-394-7417 Andrew Plenge Investor Relations 312-394-2345 EXELON REPORTS THIRD QUARTER 2023 RESULTS Earnings Release Highlights • GAAP Net Income of $0.70 per share and Adjusted (non-GAAP) Operating Earnings of $0.67 per share for the third quarter of 2023 • Narrowing guidance range for full year 2023 Adjusted (non-GAAP) Operating Earnings from $2.30-$2.42 per share to $2.32-$2.40 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 and PHI delivered best-on-record performance for the third straight quarter CHICAGO (Nov.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1109357/000110935723000093/0001109357-23-000093-index.htm

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