{"schema_version":"secwatch.filing_event.v1","accession":"0001109357-25-000041","form_type":"8-K","ticker":"EXC","cik":"0001109357","company_name":"EXELON CORP","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.952075+00:00","generated_at":"2026-05-26T22:42:18.056711+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Exelon Q4 adjusted EPS $0.64; initiates 2025 guidance $2.64-$2.74; raises 4-yr capex to $38B","bullets":["Q4 2024 GAAP net income $0.64 per share; adjusted (non-GAAP) $0.64 per share, up from $0.60 in Q4 2023.","Full-year 2024 adjusted EPS of $2.50, vs $2.38 in 2023; 2025 adjusted EPS guidance set at $2.64-$2.74.","Quarterly dividend declared at $0.40 per share, implying expected 2025 payout ratio of ~60%.","Capital expenditure plan increased 10% to $38B over 2025-2028; rate base growth of 7.4% and EPS CAGR 5-7%.","Rate cases approved: ComEd MRP, Pepco DC multi-year plan, PECO electric ($354M) and gas ($78M) effective Jan 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001109357-25-000041","json":"https://secwatch.observer/filing/0001109357-25-000041.json","markdown":"https://secwatch.observer/filing/0001109357-25-000041.md","text":"https://secwatch.observer/filing/0001109357-25-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1109357/000110935725000041/0001109357-25-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8192/000110935725000041/exc-20250212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:42:18.056711+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}