Exelon (EXC) revenues in the third quarter were 7.32 billion USD.

Quarterly results#

Earnings per share (GAAP) stood at 0.70 USD, while earnings per share (adjusted) was 0.87 USD.

Company guidance#

The company expects adjusted earnings per share (non-GAAP) – “Adjusted (non-GAAP) operating earnings per share” in FY 2026 to be 2.85–2.91 USD.

Management commentary#

Management emphasized that investors building large facilities, including data centers, are ready to commit financially and are willing to sign transmission security agreements. According to management, energy storage provides a necessary tool in the fight against the crisis of price affordability and supply reliability. Management noted that they only include what is realistic and sustainable in their plans, with a potential upside. According to management, the company supports maintaining the price cap on capacity auctions until better ways to reduce costs are found.