Exelon Q2 2024 Earnings Report
Key Takeaways
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.
GAAP net income of $0.45 per share and Adjusted (non-GAAP) operating earnings of $0.47 per share for the second quarter of 2024.
Reaffirming full year 2024 Adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share.
Reaffirming fully regulated operating EPS compounded annual growth target of 5-7% through 2027.
Strong utility reliability performance – achieved top quartile reliability performance at all utilities, with ComEd and Pepco Holdings achieving top decile in both outage frequency and outage duration for the second straight quarter.
Exelon
Exelon
Exelon Revenue by Segment
Forward Guidance
Exelon reaffirms 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% through 2027.
Revenue & Expenses
Visualization of income flow from segment revenue to net income