https://assets.capyfin.com/instruments/678fdc13234e27009c5d582b.png avatar
Exelon
🇺🇸 NASDAQ:EXC
View Company
OverviewEarningsDividends
•
Dec 31, 2023

Exelon Q4 2023 Earnings Report

Exelon's fourth quarter earnings were reported, showcasing increased GAAP Net Income and Adjusted Operating Earnings compared to the previous year.

Key Takeaways

Exelon Corporation reported a strong financial performance for Q4 2023, with increased GAAP Net Income to $0.62 per share and Adjusted (non-GAAP) Operating Earnings to $0.60 per share. The company is initiating a 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share and increased their quarterly dividend.

GAAP Net Income increased to $0.62 per share, up from $0.43 per share in Q4 2022.

Adjusted (non-GAAP) Operating Earnings rose to $0.60 per share, compared to $0.43 per share in Q4 2022.

2024 Adjusted (non-GAAP) Operating Earnings guidance range set at $2.40-$2.50 per share.

Quarterly dividend declared at $0.38 per share for Q1 2024, a 5.6% increase over Q4 2023 dividend.

Total Revenue
$5.37B
Previous year: $4.67B
+15.0%
EPS
$0.6
Previous year: $0.43
+39.5%
Gross Profit
$2.32B
Cash and Equivalents
$927M
Free Cash Flow
-$457M
Total Assets
$102B

Exelon

Exelon

Exelon Revenue by Segment

Forward Guidance

Exelon anticipates adjusted (non-GAAP) earnings for 2024 to be $2.40 to $2.50 per share, driven by ongoing investments in energy transformations within its jurisdictions, executed affordably and efficiently.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Exelon