Categories Earnings, Energy

Earnings Summary: Highlights of Exelon Corporation’s Q2 2023 results

Electric utility company Exelon Corporation (NASDAQ: EXC) on Wednesday announced financial results for the second quarter of 2023.

  • The company reported an unadjusted net Income from continuing operations of $0.34 per share for Q2, compared to $0.41 per share in the prior-year period
  • Adjusted operating earnings decreased to $0.41 per share in the June quarter from $0.44 per share in the second quarter of 2022
  • The management reaffirmed its full-year adjusted operating earnings guidance in the range of $2.30 to $2.42 per share
  • In the first half of the year, Exelon deployed $3.6B of investments needed to lead the energy transformation for its customers
  • It is on track to execute the remaining $7.2 billion of investments in the second half

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

General Motors (GM) fast-tracks EV transition. Is the stock a buy?

General Motors Co. (NYSE: GM) has been ramping up its electric vehicle business, rolling out new models and expanding the production of battery packs. The auto giant’s aggressive EV strategy

Lennar to report Q2 earnings. Will results benefit from demand recovery?

After giving mixed signals in the first half, demand for new homes in the US is expected to recover in the later part of the year. While there is pent-up

Campbell Soup (CPB): A few factors that shaped the Q3 performance

Shares of Campbell Soup Company (NYSE: CPB) stayed red on Monday. The stock has dropped over 8% in the past one month. The food company delivered sales and earnings growth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top