Exelon Reports Q2 Earnings Growth and Reaffirms Long-Term Guidance
Exelon Corporation (NASDAQ:EXC) reported second-quarter adjusted operating earnings of $0.43 per share for 2026, up from $0.39 in the same period a year ago. The company reaffirmed its full-year guidance range of $2.81 to $2.91 per share and reiterated expectations for annualized earnings growth between 5% and 7% through 2029. Exelon plans to invest approximately $10 billion in capital expenditures this year, focusing on grid reliability, infrastructure upgrades, transmission, and battery storage projects amid growing concerns over power supply stability. The company also highlighted progress with regulatory filings and financing efforts, including the completion of 86% of its 2026 debt needs. The CEO emphasized strong utility performance from ComEd and Pepco Holdings Inc., which are projected to rank in the top decile for reliability. Exelon's investments have led to improved storm response times and reduced customer interruptions since 2021, with an estimated $1 billion saved on outage costs in 2025.
Tickers: $EXC
Topics: Capital Investment Earnings Grid Reliability Infrastructure Upgrades