Exelon Reports Q3 2026 Earnings Growth and Affirms Long-Term Targets
Exelon (EXC) reported third-quarter adjusted operating earnings of $0.87 per share, a slight increase from the $0.86 recorded in the prior year's quarter. This growth was driven by approved rate increases and disciplined cost management across its regulated utilities. The company narrowed its full-year 2026 guidance to a range of $2.85 to $2.91 per share, with management expressing confidence in meeting or exceeding the midpoint. Looking ahead, Exelon maintains a long-term growth target of 5% to 7% compounded annual adjusted operating earnings through 2029. The company has outlined an extensive $41.7 billion capital plan focused on grid modernization and reliability. Significant opportunities exist in transmission investments and regulated energy storage, supported by a robust load growth pipeline of 11 gigawatts identified through 2034.
Tickers: $EXC
Topics: capital expenditure earnings report grid modernization guidance load growth
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