earnings
confidence high
sentiment positive
materiality 0.90
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%.