Exelon Corp. (EXC)
NASDAQ:EXC
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.49Last Year’s EPS
0.39Same Quarter Last Year
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced concrete operational and financial strengths—reaffirmed guidance, strong reliability, disciplined capital rebalancing, meaningful transmission growth opportunities, progress on financing, and targeted cost savings—against notable regulatory and market risks, primarily the withdrawal of the Pennsylvania rate cases, PICO credit pressure, and an industry-wide generation shortfall/PJM reliability concerns. Management presented proactive mitigation steps (capital reprioritization, $350M O&M savings, active transmission bids, and customer relief measures) and maintained guidance and credit targets, implying confidence in execution despite heightened regulatory uncertainty.Company Guidance
Adjusted Operating Earnings and Guidance Reaffirmed
Reported adjusted operating earnings of $0.91 per share in Q1 2026 (vs. $0.92 in Q1 2025, down ~1.1% year-over-year) and management affirmed full-year 2026 adjusted operating earnings guidance of $2.81 to $2.91 per share and long-term operating earnings growth outlook near the top end of the 5%–7% range.
Strong Operational Reliability
All utilities delivered top-quartile reliability performance this quarter, with ComEd in the top decile, demonstrating resilient storm response and restoration capabilities despite several high-wind events.
Large, Rebalanced Capital Plan With Transmission Upside
Revised four-year capital plan of $41.7 billion (nearly $10 billion in 2026), including $1.5 billion of incremental transmission investment; management now expects transmission rate base to grow ~16% through 2029 and annualized rate base growth of 7.9% over the next four years.
Active Transmission Pipeline and Competitive Bids
Submitted competitive bids for two Illinois MISO transmission opportunities representing roughly $1.9 billion of transmission capital (joint with Infinergy); emphasized continued disciplined pursuit of transmission windows across ISOs.
Cost Savings, O&M Discipline and Expense Targets
Announced $350 million of incremental O&M savings targeted in 2027, delivered approximately $1 billion in customer savings over the past year, and set a target of no more than 2% adjusted O&M growth through 2029.
Balance Sheet and Funding Progress
Completed ~43% ($2.3 billion) of planned 2026 long-term debt financing, progressed ~37% of equity needs (including $850 million for 2026 priced via ATM forward contracts), and outlined funding for the $47.17 billion plan through 2029 with $21.8B internal cash, $13.1B utility debt, $3.4B holding co debt and $3.4B equity while targeting ~14% credit metrics at Moody's and S&P.
Customer Protections and Market Engagement
Management emphasized customer affordability programs and advocacy: ~ $1 billion in customer savings delivered via programs and settlements, ~ $1 billion of collateral secured under FERC-approved Transmission Security Agreements for data center interconnections, and active engagement with PJM and policymakers on supply and market design.
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
EXC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $46.18 | $45.02 | -2.51% |
Feb 12, 2026 | $44.07 | $47.15 | +6.97% |
Nov 04, 2025 | $45.41 | $45.59 | +0.39% |
Jul 31, 2025 | $43.12 | $43.78 | +1.54% |
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.
FAQ
When does Exelon Corp. (EXC) report earnings?
Exelon Corp. (EXC) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Exelon Corp. (EXC) earnings time?
Exelon Corp. (EXC) earnings time is at Aug 05, 2026, Before Open (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 2026 (Q2) is 0.49.
