Exelon Q1 FY26 GAAP EPS flat at $0.90; revenue rises to $7.24 billion
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- Exelon posted first-quarter GAAP net income of USD 919 million, or USD 0.90 a share, while adjusted operating earnings edged down to USD 930 million, or USD 0.91 a share, from USD 0.92 a year earlier.
- Revenue rose to USD 7.24 billion from USD 6.71 billion a year earlier, while operating income increased to USD 1.61 billion from USD 1.54 billion.
- Results reflected higher holding-company costs on higher income taxes and interest expense, partly offset by higher utility earnings on approved distribution and transmission rates at ComEd and PHI, approved distribution rates at BGE, and favorable weather at PECO.
- Exelon reaffirmed 2026 adjusted operating earnings guidance of USD 2.81-USD 2.91 a share, projecting USD 41.7 billion of capital expenditures over next four years with expected rate base growth of 7.9%.
- Board declared quarterly dividend of USD 0.42 a share payable June 15, while management said it remains positioned to deliver annualized earnings growth near top end of 5%-7% through 2029.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exelon Corporation published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.
