What changed
Exelon reported Q2 2026 adjusted operating EPS of $0.43, in line with expectations, up from $0.39 a year ago. Revenue quality is steady as the company affirmed its full-year 2026 adjusted EPS guidance range of $2.81-$2.91 and reiterated 5-7% annualized growth through 2029. The primary driver was higher utility earnings from distribution and transmission rate increases at ComEd, PHI, and BGE, partially offset by higher depreciation, credit loss expense, and interest costs.
Why it matters
Exelon reported Q2 2026 adjusted operating EPS of $0.43, in line with expectations, up from $0.39 a year ago. Revenue quality is steady as the company affirmed its full-year 2026 adjusted EPS guidance range of $2.81-$2.91 and reiterated 5-7% annualized growth through 2029. The primary driver was higher utility earnings from distribution and transmission rate increases at ComEd, PHI, and BGE, partially offset by higher depreciation, credit loss expense, and interest costs.