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Exelon (EXC)
NASDAQ:EXC
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.61Last Year’s EPS
$0.6Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -5.45%
|Next Earnings Date:Feb 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook with strong operational performance, higher-than-expected earnings, and significant regulatory progress. However, challenges such as increased interest expenses, ongoing regulatory uncertainties, and issues within the PJM capacity market and colocation cost allocation temper the optimism.Company Guidance
During Exelon's third-quarter earnings call for 2024, the company reported GAAP earnings of $0.70 per share and adjusted operating earnings of $0.71 per share, surpassing previous expectations. Exelon remains on track to achieve its annual operating earnings guidance of $2.40 to $2.50 per share. The company highlighted strong operational performance despite significant storm activity, maintaining top quartile performance across key safety, reliability, and customer satisfaction metrics. Exelon is advancing its regulatory agenda with settlements in PECO's gas and electric rate cases and progress on ComEd's multiyear rate plan. Additionally, 90% of Exelon's rate base will have established rates or known rate mechanisms in place through 2026 or 2027. The call also emphasized Exelon's commitment to a $9.7 billion capital plan for electric transmission investments through 2027, which includes modernizing the grid and enhancing resilience.Higher Than Expected Earnings
Reported GAAP earnings of $0.70 per share and operating earnings of $0.71 per share, which were above expectations from the second quarter call.
Strong Operational Performance
Despite significant storm activity, delivered top quartile or better outage performance across the board.
Regulatory Progress
ComEd received its proposed order for its refiled multiyear rate plan, and settlements were reached in PECO gas and electric rate cases.
Transmission Project Progress
Delmarva Power's Vienna to Nelson 138 kV transmission line project is on track to be completed nearly 2 years ahead of schedule.
Financial Outlook
Reaffirmed guidance for operating earnings of $2.40 to $2.50 per share and long-term annualized operating earnings growth of 5% to 7% through 2027.
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EXC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EXC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $39.16 | $39.30 | +0.36% |
| Aug 01, 2024 | $36.46 | $37.49 | +2.83% |
| May 02, 2024 | $36.72 | $36.76 | +0.11% |
| Feb 21, 2024 | $33.34 | $34.76 | +4.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Exelon (EXC) report earnings?
Exelon (EXC) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Exelon (EXC) earnings time?
Exelon (EXC) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXC EPS forecast?
EXC EPS forecast for the fiscal quarter 2024 (Q4) is $0.61.
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