Exelon Corp. (EXC) Tops Q4 EPS by 7c

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Exelon Reports Fourth Quarter and Full Year 2020 Results and Initiates 2021 Financial Outlook

February 24, 2021 6:52 AM EST

Earnings Release Highlights

GAAP Net Income of $0.37 per share and Adjusted (non-GAAP) Operating Earnings of $0.76 per share in the fourth quarter of 2020 Exelon to separate its utility and competitive energy businesses, creating two industry-leading companies Exelon introduces 2021 adjusted (non-GAAP) operating earnings guidance range of $2.60-$3.00 per share, reflecting growth in Utilities, offset by impacts of the February severe weather event, lower realized energy and capacity revenues at Generation Exelon Utilities project capital expenditures of $27 billion over the next four years to benefit its customers, supporting 7.6% annual rate base... More