Exelon (EXC) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this energy company would post earnings of $0.68 per share when it actually produced earnings of $0.67, delivering a surprise of -1.47%.Over the last four quarters, the company has ...

CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023. “Exelon had another strong year in 2023, both financially and operationally,” said President and CEO Calvin Butler. “We delivered in the top half of our guidance range, achieved best-on-record operational performance at multiple utilities, and advocated for a more affordable and equitable energy transformation for our customers. We successfully competed for nearly $20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | Commission | Name of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal | IRS Employer | | --- | --- | --- | | File Number | Executive Offices; and Telephone Number | Identifi ...

Exhibit 99.1 News Release Contact: James Gherardi Corporate Communications 312-394-7417 Andrew Plenge Investor Relations 312-394-2345 EXELON REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS AND INITIATES 2024 FINANCIAL OUTLOOK Earnings Release Highlights CHICAGO (Feb. 21, 2024) — Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023. "Exelon had another strong year in 2023, both financially and operationally," said President and CEO Calvin Butler. " ...

Exelon Corporation (EXC) is scheduled to release fourth-quarter 2023 results on Feb 21, before market open. The company delivered a negative earnings surprise of 1.47% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderExelon’s fourth-quarter earnings are expected to have benefited from new distribution rates that were implemented during the previous quarters in its service territories.The company’s bottom line is also ...

Wall Street analysts forecast that Exelon (EXC) will report quarterly earnings of $0.58 per share in its upcoming release, pointing to a year-over-year increase of 34.9%. It is anticipated that revenues will amount to $4.91 billion, exhibiting an increase of 5.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their i ...

CHICAGO--(BUSINESS WIRE)--This week, ComEd plans to launch a large-scale initiative to update its existing customer information system, which will allow ComEd to better support its more than 4 million residential and business customers, while improving the way customers interact with their energy company. During the multi-day transition period, the availability of most ComEd self-service tools will temporarily be limited or offline from the evening of Wednesday, Feb. 14 through at least Monday, Feb. 19 to ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Exelon (EXC) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 21. On ...

CHICAGO--(BUSINESS WIRE)--As part of a larger investment to accelerate an equitable adoption of electric vehicles (EVs) in northern Illinois, ComEd is launching two new business and public sector EV rebate programs. New programs will provide a total of $87 million this year to help reduce upfront costs of all-electric commercial and public sector fleet vehicle purchases and incentivize the buildout of more business and public charging across the region. ComEd today joined a diverse mix of environmental, ...

CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq, EXC) announced today that Mike Innocenzo, currently president and chief executive officer of Exelon subsidiary PECO, has been promoted to executive vice president and chief operating officer of Exelon, reporting to Exelon President and Chief Executive Officer Calvin Butler. Innocenzo will oversee all utility operations and the CEOs of BGE, ComEd, PECO and PHI will report to him. He will also be responsible for the Cyber & Information Security Services, Corporate Phy ...