Exelon Q4 adjusted EPS $0.60 vs $0.43 YoY; 2024 guidance $2.40-$2.50; dividend raised 5.6%

EXELON CORP

Q4 adjusted EPS $0.60 (GAAP $0.62) from $0.43 prior year; full-year 2023 adjusted EPS $2.38 (GAAP $2.34).
2024 adjusted EPS guidance range $2.40-$2.50; 5-7% annual EPS growth through 2027 on $35B capex plan.
Quarterly dividend raised to $0.38/share from $0.36 (5.6% increase); payable March 15, 2024, record March 4.
Rate case orders received: ComEd, BGE, and ACE approvals with multi-year revenue increases and ROEs 8.9%-9.6%.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.92

EXELON CORP reported fourth quarter and full year 2023 results: net income $0.62 per share, EPS $0.60 per share. Guidance initiated.

Period: fourth quarter and full year 2023
Net income: $0.62 per share
EPS: $0.60 per share
Guidance: initiated
Result: reported results

Exact text from the filing

EXELON REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND INITIATES 2024 FINANCIAL OUTLOOK

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Source: SEC EDGAR

accession 0001109357-24-000050

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