财务数据和关键指标变化 - 公司在第一季度实现每股0.68美元的非GAAP调整后经营收益,较上年同期的0.70美元下降0.02美元,主要受到利息费用上升0.04美元、风暴修复成本上升0.03美元以及ComEd配电投资回报下降0.02美元的影响 [11][12][32] - 公司预计2024年全年经营收益每股2.40至2.50美元,目前进度与历史模式基本一致,但略低于预期,主要由于非调价管辖区天气较正常偏暖以及第一季度遭遇严重风暴活动的影响 [34][35][38] 各条业务线数据和关键指标变化 - 公司各运营公司在可靠性和客户满意度方面继续保持行业领先水平,其中ComEd和PEPCO在停电频率和停电时长方面达到行业前十,BGE和PECO达到前四分位 [20] - BGE在客户满意度方面表现较低,已经成立多个工作组来识别和解决客户反馈的痛点,第二季度表现有所改善 [21][22] 各个市场数据和关键指标变化 - 公司在宾夕法尼亚州看到了数据中心等高密度负荷增长的潜力,有足够的天然气供应和基础设施支持这一发展 [81][82][83][84][85] - PECO在电力和天然气分销率案中提出了天气正常化调整和风暴储备机制,有助于减少收入波动,这些机制在宾夕法尼亚州已有先例 [88][89][90] 公司战略和发展方向及行业竞争 - 公司继续专注于卓越的运营表现,为客户提供安全可靠的电力供应,同时在监管方面取得进展,特别是在伊利诺斯州 [9][14][15][16][67] - 公司重申了长期5%-7%的经营收益复合年增长目标,这将由支持各管辖区能源目标的大量投资所驱动 [19][39] - 公司在安全绩效方面采取了新的指标和方法,更好地关注最高风险情况,并采取措施提升ComEd和PECO的安全表现 [23][24][25][26][27][28] 管理层对经营环境和未来前景的评论 - 管理层表示,尽管第一季度遭遇了严重的天气事件,但公司仍保持了卓越的运营表现,并有信心实现全年经营收益目标 [11][12][34][35] - 管理层认为,公司在伊利诺斯州的监管进展是关键,包括ComEd输电网计划的批准以及PECO电力和天然气分销率案的进展 [14][15][16][50][51][52] - 管理层强调,公司将继续专注于安全文化和绩效的提升,并采取新的指标和方法来更好地管理最高风险情况 [23][24][25][26][27][28] 问答环节重要的提问和回答 问题1 **Aidan Kelly 提问** 提问是否看好宾夕法尼亚州天然气供应充足支持数据中心发展的背景 [81] **Calvin Butler、David Velazquez、Michael Innocenzo 回答** 公司确实看好宾夕法尼亚州的数据中心发展潜力,得益于充足的天然气供应和基础设施,以及州政府的积极支持经济发展 [82][83][84][85] 问题2 **Carly Davenport 提问** 询问ComEd输电网计划重新提交的时间进展,是否有可能提前于12月获得批准 [96][97][100] **Calvin Butler、Gil Quiniones 回答** 公司预计ComEd输电网计划的最终批准仍将在12月完成,因为监管机构已经明确了这一时间表,不太可能提前 [97][100] 问题3 **Carly Davenport 提问** 询问公司其余年度的融资计划是否会受到利率上升的影响 [102] **Jeanne Jones 回答** 公司已经提前完成了大部分2024年的融资需求,并通过对冲等措施来降低利率上升的影响,因此不太可能对全年经营收益产生重大影响 [102][103][104]

Exelon Corporation’s (EXC) first-quarter 2024 earnings of 69 cents per share missed the Zacks Consensus Estimate of 70 cents by 1.43%. Earnings also decreased from the year-ago level of 70 cents.On a GAAP basis, first-quarter earnings were 66 cents per share compared with 67 cents in the year-ago quarter.Total RevenuesExelon's first-quarter revenues of $6.04 billion surpassed the Zacks Consensus Estimate of $5.7 billion by 6%. The top line was 8.6% higher than the year-ago figure of $5.6 billion. Highlights ...

Exelon (EXC) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.43%. A quarter ago, it was expected that this energy company would post earnings of $0.58 per share when it actually produced earnings of $0.60, delivering a surprise of 3.45%.Over the last four quarters, the company has ...

Exhibit 99.1 News Release Contact: James Gherardi Corporate Comm unications 312-394-7417 Andrew Plenge Investor Relatio ns 312-394-2345 EXELON REPORTS FIRST QUARTER 2024 RESULTS Earnings Release Highlights • GAAP Net Income of $0.66 per share and Adjusted (non-GAAP) Operating Earnings of $0.68 per share for the first quarter of 2024 • Affirming full year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $2.40-$2.50 per share • Reaffirming fully regulated operating EPS compounded annual growth ta ...

Exelon Corporation (EXC) is scheduled to release first-quarter 2024 results on May 2, before market open. The company delivered an earnings surprise of 3.5% 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 first-quarter earnings are expected to have continued to benefit from its reduction in volumetric risk, as nearly 76% of its distribution revenues are decoupled.New distribution rates that were implemented ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...

Exelon Corporation (EXC) , with its investments in regulated utility operations for grid modernization and electric transmission, will enable it to serve more customers efficiently. Its revenue decoupling is expected to contribute to its performance over the long run.This Zacks Rank #3 (Hold) stock delivered an average four-quarter earnings surprise of 2.64%.  Its long-term (three to five years) earnings growth is currently pegged at 5.69%.TailwindsExelon invests substantially in infrastructure projects and ...

PPL Corporation (PPL) announced that its subsidiary Rhode Island Energy received unanimous approval from the Rhode Island Public Utilities Commission (“RIPUC”) for nearly $326 million. The planned spending between Apr 1, 2024, and Mar 31, 2025, is aimed at improving the safety and reliability of Rhode Island's electric and gas networks.The proposed spending is related to Rhode Island Energy’s annual infrastructure, safety and reliability plans for gas and electricity. It covers approximately $300 million in ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...

CHICAGO--(BUSINESS WIRE)--As directed by the Illinois Commerce Commission (ICC), ComEd today submitted to the ICC a refiled multi-year grid plan that will increase access to the benefits of clean and renewable energy in alignment with the Climate and Equitable Jobs Act (CEJA). In December of 2023, the ICC rejected ComEd’s original multi-year grid plan, requiring ComEd to file a revised grid plan in 90 days, and asking the company for a plan that includes additional focus on affordability, cost effectiveness ...