NASDAQ$EXC

Exelon Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported an increase in adjusted operating earnings and announced new clean energy goals.

Exelon Corporation reported its financial results for the second quarter of 2021, with Adjusted (non-GAAP) Operating Earnings of $0.89 per share, up from $0.55 per share in the same period last year. The company reaffirmed its full-year Adjusted (non-GAAP) Operating Earnings guidance range of $2.60-$3.00 per share. Exelon utilities also announced a new 'path to clean' goal to reduce operations-driven emissions.

  • GAAP Net Income of $0.41 per share and Adjusted (non-GAAP) Operating Earnings of $0.89 per share for the second quarter of 2021.
  • Reaffirming range for full year 2021 Adjusted (non-GAAP) Operating Earnings guidance of $2.60-$3.00.
  • Exelon utilities announced the 'path to clean' goal to reduce operations-driven emissions 50% by 2030 against a 2015 baseline and achieve net-zero by 2050.
  • Generation’s nuclear fleet capacity factor was 93.7% (owned and operated units).

Headline financials

Total Revenue

$7.92B

Previous: $7.32B+8.1%
EPS (adj)

$0.89

Previous: $0.55+61.8%
Capital Expenditures

-$1.9B

Previous: -$1.76B-8.1%
Free Cash Flow

-$1.42B

Previous: -$1.18B-20.4%
Net Income

$476M

Previous: $574M-17.1%
Operating Income

$366M

Previous: $565M-35.2%
Gross Profit

$6.25B

Previous: $6.32B-1.1%
Cash & Equivalents

$1.58B

Previous: $2.13B-25.9%
Total Assets

$129B

Previous: $126B+2.4%

Revenue & EPS history

Exelon · Revenue · Quarterly

$7.92B

Q2 2021+8.1%vs Q2 2020
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

Exelon · $4.03B total across 4 segments · Q2 2021

  • ComEd
    $1.52B+7.1%
  • PHI
    $1.14B+12.2%
  • PECO
    $693M+1.8%
  • BGE
    $682M+10.7%

Forward guidance

Exelon is reaffirming its full-year Adjusted (non-GAAP) Operating Earnings guidance range of $2.60-$3.00 per share.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.0%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+0.8%

Avg return

30 days after

44%

31 / 71 earnings

Positive

+7.0%

Q4 2015

Best reaction

-8.4%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.0%-4.5%-0.9%
Q4 2025+7.0%+8.1%+12.1%
Q3 2025+0.3%+0.0%-5.0%
Q2 2025+1.5%+1.0%-1.3%
Q1 2025-0.6%-1.3%-6.6%
Q4 2024+1.3%+1.2%+4.3%
Q3 2024-0.6%-4.0%+0.0%
Q2 2024+4.2%+1.0%+2.4%
Q1 2024-1.1%+0.2%-0.8%
Q4 2023+3.7%+2.6%+5.7%
Q3 2023+2.6%+0.5%-1.4%
Q2 2023-2.3%-3.6%-3.6%
Q1 2023-0.0%+0.5%-6.8%
Q4 2022+3.6%+4.5%+2.3%
Q3 2022-2.3%-0.9%+9.0%
Q2 2022-1.7%-1.9%-3.8%
Q1 2022-0.6%-0.7%+2.4%
Q4 2021+3.1%+3.5%+10.2%
Q3 2021+0.7%-1.2%-1.9%
Q2 2021+0.6%+0.1%+5.1%
Q1 2021-0.7%-0.6%+1.8%
Q4 2020-4.6%-3.7%+6.7%
Q3 2020+3.1%+4.6%+0.2%
Q2 2020-0.7%+2.5%-1.8%
Q1 2020+6.4%+1.8%+15.2%
Q4 2019+2.0%+3.0%-27.0%
Q3 2019-2.8%-4.0%-4.8%
Q2 2019-0.7%+0.3%+4.9%
Q1 2019-0.8%-2.4%-4.4%
Q4 2018-0.7%-0.5%+1.4%
Q3 2018-0.9%+1.1%+5.9%
Q2 2018+1.2%+1.8%+4.1%
Q1 2018+1.7%+2.9%+2.1%
Q4 2017-1.3%+1.9%+2.8%
Q3 2017+2.0%+2.8%+4.2%
Q2 2017-0.3%-0.9%-2.6%
Q1 2017-1.2%-0.6%+6.2%
Q4 2016-3.2%-2.5%-0.1%
Q3 2016+1.1%+3.6%-1.0%
Q2 2016-1.6%-3.2%-3.5%
Q1 2016-0.4%
Q4 2015+7.0%
Q3 2015-0.8%
Q2 2015+2.1%
Q1 2015+0.9%
Q4 2014-3.9%
Q3 2014+2.7%
Q2 2014+1.7%
Q1 2014-0.5%
Q4 2013+2.0%
Q3 2013+1.8%
Q2 2013-2.1%
Q1 2013-3.1%
Q4 2012+0.3%
Q3 2012-8.4%
Q2 2012-3.0%
Q1 2012-1.6%
Q4 2011-0.9%
Q3 2011+4.5%
Q2 2011+0.9%
Q1 2011+2.5%
Q4 2010-2.4%
Q3 2010-5.0%
Q2 2010-2.2%
Q4 2009-0.1%
Q1 2009-0.1%
Q1 2010+0.7%
Q3 2009-4.4%
Q2 2009-2.4%
Q2 2008-2.4%
Q4 2008-2.4%

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