Exelon Q1 2022 Earnings Report

Exelon's first quarter results were reported, highlighted by the completion of the Constellation Energy Corporation separation and reaffirmation of full-year adjusted operating earnings guidance.

Key Takeaways

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 completed the separation of Constellation Energy Corporation, becoming a transmission and distribution utility company.

GAAP Net Income from Continuing Operations was $0.49 per share, and Adjusted (non-GAAP) Operating Earnings were $0.64 per share.

Full year 2022 Adjusted (non-GAAP) Operating Earnings guidance reaffirmed at $2.18-$2.32 per share.

ComEd delivered the most reliable service for customers in the first three months of the year on record.

Total Revenue

$5.33B

Previous year: $9.89B

-46.1%

EPS

$0.64

Previous year: -$0.06

-1166.7%