NASDAQ$EXC
Exelon Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Exelon's Q2 2024 earnings were reported with GAAP net income of $0.45 per share and adjusted operating earnings of $0.47 per share, driven by strong utility performance and favorable weather conditions.
Exelon Corporation reported strong second-quarter earnings for 2024, with GAAP net income increasing to $0.45 per share from $0.34 per share in Q2 2023, and adjusted operating earnings increasing to $0.47 per share from $0.41 per share in Q2 2023. The company reaffirms its full-year 2024 adjusted operating earnings guidance range of $2.40-$2.50 per share.
- GAAP net income of $0.45 per share and Adjusted (non-GAAP) operating earnings of $0.47 per share for the second quarter of 2024.
- Reaffirming 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 target of 5-7% through 2027.
- Strong utility reliability performance – achieved top quartile reliability performance at all utilities, with ComEd and Pepco Holdings achieving top decile in both outage frequency and outage duration for the second straight quarter.
Headline financials
Revenue & EPS history
Exelon · Revenue · Quarterly
$5.36B
Revenue by segment
Exelon · $6.01B total across 4 segments · Q3 2023
- ComEd$2.27B+64.6%37.7%
- PHI$1.77B+11.0%29.5%
- PECO$1.04B+2.3%17.3%
- BGE$932M+7.1%15.5%
Forward guidance
Exelon reaffirms its full year 2024 Adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share and its fully regulated operating EPS compounded annual growth target of 5-7% through 2027.
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 2024
-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
| Quarter | Report date | Reaction (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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