NASDAQ$EXC
Exelon Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Exelon's third quarter performance remained strong driven by utility earnings and rate adjustments.
Exelon Corporation reported strong third-quarter results with GAAP Net Income of $0.68 per share and Adjusted (non-GAAP) Operating Earnings of $0.75 per share. The company narrowed its full-year 2022 Adjusted (non-GAAP) Operating Earnings guidance range to $2.21-$2.29 per share. Strong utility reliability performance was achieved, and regulatory milestones were reached.
- GAAP Net Income of $0.68 per share and Adjusted (non-GAAP) Operating Earnings of $0.75 per share for the third quarter of 2022
- Narrowing guidance range for full year 2022 Adjusted (non-GAAP) Operating Earnings from $2.18-$2.32 per share to $2.21-$2.29 per share
- Strong utility reliability performance – every utility achieved top quartile in outage duration with ComEd continuing to deliver best-on-record CAIDI performance for the third straight quarter
- Settlements were approved by the Delaware Public Service Commission (DEPSC) and the Pennsylvania Public Utility Commission (PAPUC) in Delmarva Power’s and PECO's gas distribution rate cases in October
Headline financials
Revenue & EPS history
Exelon · Revenue · Quarterly
$4.85B
Revenue by segment
Exelon · $4.86B total across 4 segments · Q3 2022
- PHI$1.6B+8.7%32.9%
- ComEd$1.38B-23.0%28.4%
- PECO$1.01B+24.0%20.9%
- BGE$870M+13.0%17.9%
Forward guidance
Exelon has narrowed its 2022 EPS guidance range to $2.21 to $2.29 per share, and reaffirmed its 6-8% earnings per share growth from 2021-2025.
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 Q3 2022
-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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