Exelon Q1 adjusted EPS $0.68 vs $0.70 YoY; reaffirms FY guidance $2.40-$2.50

EXELON CORP

2024-Q1 EPS reported $0.66 revenue$6,043,000,000

GAAP EPS $0.66 vs $0.67 Q1 2023; adjusted $0.68 vs $0.70; reaffirms full-year $2.40-$2.50 range.
ComEd earnings down to $219M from $251M on lower allowed ROE; BGE up to $264M on rate increases; PHI flat at $168M.
Quarterly dividend $0.38/share declared, payable June 14, 2024, record May 13, 2024.
PECO filed electric rate case seeking $464M increase; DPL Delaware base rate case settled for $28M increase, effective April 24.
Issued $1.7B Exelon notes, $675M Pepco bonds, $75M ACE bonds, $175M DPL bonds in Q1 2024.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EXELON CORP reported first quarter of 2024 results: net income $0.66 per share, EPS $0.66 per share. Guidance reaffirmed.

Period: first quarter of 2024
Net income: $0.66 per share
EPS: $0.66 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Exelon's GAAP Net Income for the first quarter of 2024 decreased to $0.66 per share from $0.67 per share in the first quarter of 2023.

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Source: SEC EDGAR

accession 0001109357-24-000114

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