Exelon Q2 2022 Earnings Report

Exelon's financial performance remained strong, driven by robust utility earnings and strategic investments.

Key Takeaways

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.

GAAP Net Income of $0.47 per share and Adjusted (non-GAAP) Operating Earnings of $0.44 per share for Q2 2022.

Reaffirming range for 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.

Strong utility reliability performance – every utility achieved top quartile in outage duration with ComEd specifically delivering their best-on-record CAIDI performance.

Total Revenue

$4.24B

Previous year: $7.92B