Exelon Q2 2021 Earnings Report

Reported an increase in adjusted operating earnings and announced new clean energy goals.

Key Takeaways

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.

GAAP Net Income of $0.41 per share and Adjusted (non-GAAP) Operating Earnings of $0.89 per share for the second quarter of 2021.

Reaffirming range for full year 2021 Adjusted (non-GAAP) Operating Earnings guidance of $2.60-$3.00.

Exelon utilities announced the 'path to clean' goal to reduce operations-driven emissions 50% by 2030 against a 2015 baseline and achieve net-zero by 2050.

Generation’s nuclear fleet capacity factor was 93.7% (owned and operated units).

Total Revenue

$7.92B

Previous year: $7.32B

Previous year: $1.97B