earnings
confidence high
sentiment positive
materiality 0.65
Exelon Q2 adjusted EPS $0.47 beats prior year; reaffirms FY2024 outlook
EXELON CORP
2024-Q2 EPS reported
$1.10
revenue$11,403,000,000
- GAAP EPS $0.45; adjusted EPS $0.47 vs $0.41 in Q2 2023.
- Reaffirmed FY2024 adjusted EPS guidance of $2.40-$2.50 and 5-7% CAGR through 2027.
- Declared quarterly dividend of $0.38/share, payable Sept 13, record Aug 12.
- Pepco Maryland approved $45M distribution rate increase with 9.5% ROE; no future increases authorized.
- ComEd and BGE each issued $800M of bonds to repay debt and for corporate purposes.