Exelon Earnings Reports

Exelon delivered solid Q1 2025 results, driven by higher utility earnings across ComEd, PECO, and PHI, supported by increased distribution and transmission rates and favorable weather. The company remains on track with its full-year guidance and continued infrastructure investments.

Exelon reported Q4 2024 GAAP net income of $0.64 per share and Adjusted (non-GAAP) operating earnings of $0.64 per share, reflecting higher utility earnings and lower costs at the holding company.

Exelon Corporation reported a GAAP net income of $0.70 per share and adjusted (non-GAAP) operating earnings of $0.71 per share for the third quarter of 2024. The company reaffirmed its full-year 2024 adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share and its adjusted (non-GAAP) operating EPS compounded annual growth target of 5-7% through 2027. Strong utility reliability performance was achieved, with all utilities reaching top quartile in reliability.

Exelon Corporation reported strong second-quarter earnings for 2024, with GAAP net income increasing to $0.45 per share from $0.34 per share in Q2 2023, and adjusted operating earnings increasing to $0.47 per share from $0.41 per share in Q2 2023. The company reaffirms its full-year 2024 adjusted operating earnings guidance range of $2.40-$2.50 per share.

Exelon Corporation reported a GAAP Net Income of $0.66 per share and Adjusted (non-GAAP) Operating Earnings of $0.68 per share for Q1 2024. The company reaffirmed its full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share and its fully regulated operating EPS compounded annual growth target of 5-7% from 2023 to 2027.

Exelon Corporation reported a strong financial performance for Q4 2023, with increased GAAP Net Income to $0.62 per share and Adjusted (non-GAAP) Operating Earnings to $0.60 per share. The company is initiating a 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share and increased their quarterly dividend.

Exelon Corporation reported a GAAP Net Income of $0.70 per share and Adjusted (non-GAAP) Operating Earnings of $0.67 per share for the third quarter of 2023. The company narrowed its full year 2023 Adjusted (non-GAAP) Operating Earnings guidance from $2.30-$2.42 per share to $2.32-$2.40 per share and reaffirmed its fully regulated operating EPS compounded annual growth target of 6-8% from 2021 and 2022 guidance midpoints through 2025 and 2026.

Exelon Corporation reported GAAP Net Income of $0.34 per share and Adjusted (non-GAAP) Operating Earnings of $0.41 per share for the second quarter of 2023. The company is reaffirming its full year 2023 Adjusted (non-GAAP) Operating Earnings guidance range of $2.30-$2.42 per share.

Exelon Corporation reported GAAP Net Income of $0.67 per share and Adjusted (non-GAAP) Operating Earnings of $0.70 per share for the first quarter of 2023. The company reaffirmed its full-year 2023 Adjusted (non-GAAP) Operating Earnings guidance range of $2.30-$2.42 per share.

Exelon Corporation reported its financial results for the fourth quarter and full year 2022, showcasing its ability as a pure transmission and distribution company. The company delivered strong financial results, with GAAP Net Income and Adjusted Operating Earnings of $0.43 per share for the fourth quarter of 2022.

Exelon Corporation reported strong third-quarter results with GAAP Net Income of $0.68 per share and Adjusted (non-GAAP) Operating Earnings of $0.75 per share. The company narrowed its full-year 2022 Adjusted (non-GAAP) Operating Earnings guidance range to $2.21-$2.29 per share. Strong utility reliability performance was achieved, and regulatory milestones were reached.

Exelon Corporation reported GAAP Net Income of $0.47 per share and Adjusted (non-GAAP) Operating Earnings of $0.44 per share for the second quarter of 2022. The company reaffirmed its full-year 2022 Adjusted (non-GAAP) Operating Earnings guidance of $2.18-$2.32 per share. Exelon anticipates issuing up to $1.0 billion of registered shares of common stock through 2025 and plans to establish a $1.0 billion at-the-market (ATM) program.

Exelon reported GAAP Net Income from Continuing Operations of $0.49 per share and Adjusted (non-GAAP) Operating Earnings of $0.64 per share for Q1 2022. The company reaffirmed its full year 2022 Adjusted (non-GAAP) Operating Earnings guidance of $2.18-$2.32 per share.

Exelon Corporation reported mixed results for the third quarter of 2021. GAAP Net Income increased to $1.23 per share, while Adjusted (non-GAAP) Operating Earnings increased to $1.09 per share. The company narrowed its guidance range for full year 2021 Adjusted (non-GAAP) Operating Earnings from $2.60-$3.00 per share to $2.70-$2.90 per share.

Exelon Corporation reported its financial results for the second quarter of 2021, with Adjusted (non-GAAP) Operating Earnings of $0.89 per share, up from $0.55 per share in the same period last year. The company reaffirmed its full-year Adjusted (non-GAAP) Operating Earnings guidance range of $2.60-$3.00 per share. Exelon utilities also announced a new 'path to clean' goal to reduce operations-driven emissions.

Exelon Corporation reported a GAAP Net Loss of $(0.30) per share and an adjusted (non-GAAP) operating loss of $(0.06) per share for Q1 2021. The utility businesses demonstrated strong financial and operational performance, while the generation business was impacted by the Texas storms. The company is affirming its full-year adjusted (non-GAAP) operating earnings guidance of $2.60-$3.00 per share.

Exelon reported GAAP Net Income of $0.37 per share and Adjusted (non-GAAP) Operating Earnings of $0.76 per share for Q4 2020. The company also announced its intention to separate its utility and competitive energy businesses. 2021 adjusted (non-GAAP) operating earnings guidance range is $2.60-$3.00 per share.

Exelon Corporation reported GAAP Net Income of $0.51 per share and Adjusted (non-GAAP) Operating Earnings of $1.04 per share for Q3 2020, exceeding expectations. The company is raising its full year 2020 Adjusted (non-GAAP) Operating Earnings guidance from $2.80 - $3.10 per share to $3.00 - $3.20 per share.