Exelon Reports Third Quarter Earnings Beat with $7.32 Billion in Revenue
Exelon (EXC) reported third-quarter financial results that exceeded analyst expectations, posting a non-GAAP earnings per share (EPS) of $0.87, which beat consensus by $0.08. The company's revenue reached $7.32 billion, representing a 9.1% increase year-over-year and surpassing estimates by approximately $460 million. Following these results, Exelon narrowed its full-year 2026 adjusted operating earnings guidance to a range of $2.85-$2.91 per share, slightly above the consensus estimate of $2.86. The company also reaffirmed its long-term outlook, projecting compounded annual operating EPS growth near the top end of the 5% to 7% range from 2025 through 2029.
Topics: earnings beat guidance update revenue growth utility sector
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