NASDAQ$EXC
Exelon Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported strong financial and operational performance, driven by utility earnings and disciplined financial management.
Exelon Corporation reported a GAAP net income of $0.70 per share and adjusted (non-GAAP) operating earnings of $0.71 per share for the third quarter of 2024. The company reaffirmed its full-year 2024 adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share and its adjusted (non-GAAP) operating EPS compounded annual growth target of 5-7% through 2027. Strong utility reliability performance was achieved, with all utilities reaching top quartile in reliability.
- GAAP net income of $0.70 per share and adjusted (non-GAAP) operating earnings of $0.71 per share for Q3 2024.
- Reaffirming full year 2024 adjusted (non-GAAP) operating earnings guidance range of $2.40-$2.50 per share.
- Reaffirming adjusted (non-GAAP) operating EPS compounded annual growth target of 5-7% through 2027.
- Strong utility reliability performance with all utilities achieving top quartile in reliability.
Headline financials
Revenue & EPS history
Exelon · Revenue · Quarterly
$6.15B
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 is on track to meet its full year earnings guidance of $2.40 to $2.50 per share and is making $34.5 billion of critical investments in its energy infrastructure, giving the company confidence to deliver its long-term earnings per share 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 Q3 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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