Exelon(US:EXC) ZACKSยท2025-07-31 17:01Core Insights - Exelon Corporation's second-quarter 2025 earnings of 39 cents per share exceeded the Zacks Consensus Estimate of 37 cents by 5.4% but decreased 17% from the previous year's 47 cents due to lower utility earnings and increased costs [1][2][9] - Total revenues for Exelon were reported at $5.42 billion, falling short of the Zacks Consensus Estimate of $5.53 billion by 1.9%, but representing a 1.2% increase from the year-ago figure of $5.36 billion [3][9] - The company reaffirmed its 2025 EPS guidance in the range of $2.64-$2.74 per share and plans to invest $38 billion in infrastructure through 2028 [11][9] Financial Performance - Exelon's total operating expenses rose nearly 1% year over year to $4.5 billion, while operating income increased by 1.5% to $0.92 billion [5] - Interest expenses reached $531 million, marking a nearly 9.9% increase from the previous year's quarter [5] - Adjusted net income for the quarter was $392 million, down from $472 million in the year-ago quarter [5] Segment Performance - Commonwealth Edison Company (ComEd) reported adjusted earnings of $228 million, a decline of 20% year over year due to timing of distribution earnings and lower transmission peak load [6] - PECO Energy Company (PECO) saw adjusted operating earnings increase by 46.2% year over year to $136 million, driven by higher electric and gas distribution rates [7] - Baltimore Gas and Electric Company (BGE) reported adjusted earnings of $55 million, up 22.2% year over year due to higher distribution rates [8] Customer and Delivery Metrics - Exelon served more customers compared to the previous year, with total electric deliveries reaching 41,684 gigawatt hours in the first half of 2025, an increase of 1.7% from the year-ago period [4]