earnings
confidence high
sentiment negative
materiality 0.65
Exelon Q2 adjusted EPS $0.39, down from $0.47 YoY; reaffirms FY guidance $2.64-2.74
EXELON CORP
2025-Q2 EPS reported
$1.29
revenue$12,141,000,000
- GAAP net income $391M ($0.39/diluted) vs $448M ($0.45) in Q2 2024; adjusted operating earnings $392M ($0.39) vs $472M ($0.47).
- ComEd earnings fell to $228M from $285M on timing and lower transmission; PHI down to $144M from $162M on lower reconciliations and higher costs.
- PECO earnings rose to $136M from $93M on rate increases; BGE up to $55M from $45M on distribution rates, partly offset by Next Generation Energy Act impact.
- Reaffirmed FY2025 adjusted EPS guidance $2.64-$2.74 and 5-7% CAGR through 2028; declared $0.40 quarterly dividend.
- BGE issued $650M 5.45% notes due 2035; ComEd issued $725M 5.95% bonds due 2055; DPL reoffered $78.4M at 3.60%.