Exelon Q4 2020 Earnings Report
Key Takeaways
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.
GAAP Net Income of $0.37 per share and Adjusted (non-GAAP) Operating Earnings of $0.76 per share in the fourth quarter of 2020
Exelon to separate its utility and competitive energy businesses, creating two industry-leading companies
Exelon introduces 2021 adjusted (non-GAAP) operating earnings guidance range of $2.60-$3.00 per share, reflecting growth in Utilities, offset by impacts of the February severe weather event, lower realized energy and capacity revenues at Generation
All four utilities ended the year with their best performance ever on customer satisfaction; ComEd and PHI had their best-on-record performances in SAIFI and all utilities ended the year in the top decile
Exelon
Exelon
Exelon Revenue by Segment
Forward Guidance
Exelon introduced a guidance range for 2021 Adjusted (non-GAAP) Operating Earnings of $2.60-$3.00 per share. The outlook for 2021 Adjusted (non-GAAP) Operating Earnings for Exelon and its subsidiaries excludes certain items.
Revenue & Expenses
Visualization of income flow from segment revenue to net income