What changed
Exelon reported Q2 2026 adjusted operating EPS of $0.43, in line with consensus expectations, up from $0.39 YoY. Revenue quality was supported by higher distribution/transmission rates at ComEd, PHI, and BGE, favorable weather at PECO, and higher AFUDC, partially offset by higher depreciation and interest expense. The company affirmed FY26 adjusted EPS guidance of $2.81-$2.91 and reiterated 5-7% CAGR through 2029, with disciplined execution and grid modernization as key drivers.
Why it matters
Exelon reported Q2 2026 adjusted operating EPS of $0.43, in line with consensus expectations, up from $0.39 YoY. Revenue quality was supported by higher distribution/transmission rates at ComEd, PHI, and BGE, favorable weather at PECO, and higher AFUDC, partially offset by higher depreciation and interest expense. The company affirmed FY26 adjusted EPS guidance of $2.81-$2.91 and reiterated 5-7% CAGR through 2029, with disciplined execution and grid modernization as key drivers.