Exelon Corp. (EXC) Tops Q1 EPS by 5c, Offers Guidance

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Go back to Exelon Corp. (EXC) Tops Q1 EPS by 5c, Offers Guidance

Exelon Reports First Quarter 2018 Results

May 2, 2018 7:04 AM EDT

Earnings Release Highlights

GAAP Net Income of $0.60 per share and Adjusted (non-GAAP) Operating Earnings of $0.96 per share for the first quarter of 2018. New Jersey zero emissions certificate (ZEC) legislation passed by both Houses of the legislature on April 12, 2018; bill awaiting Governor Phil Murphys signature before becoming law. Pepco filed settlement agreements for distribution rate cases in Washington, D.C., and Maryland on April 17, 2018, and April 20, 2018, respectively. More than $500 million in ongoing annual savings will go to Exelons electric and gas... More