CLAIM #23388 · EXC (EXC) · 2024Q1 earnings call · May 2, 2024 · due Dec 31, 2024
“We are focused on delivering on all of our financial commitments for the year, investing $7.4 billion of capital expenditures while earning a consolidated ROE of 9% to 10% and delivering operating earnings per share of $2.40 to $2.50 per share.”
Calvin Butler · CEO
In context
“over 2025 through 2027. We will continue to update you as we make progress on that plan. Thank you. I'll now turn the call back to Calvin for his closing remarks. Calvin Butler: Thank you, Jeanne. I will close on Slide 10 by reminding you of your 2024 -- of our 2024 business priorities and commitments and the unique power of our platform. As always, we start with operational excellence, providing safe and reliable power to our customers as the demands on the grid continue to increase. We remain committed to achieving regulatory outflows and adequately balanced stakeholder interest, supporting the necessary progress on the energy transformation. This includes completing the ComEd grid plan process in a way that allows sufficient investment in the grid to support Illinois energy goals. We are focused on delivering on all of our financial commitments for the year, investing $7.4 billion of capital expenditures while earning a consolidated ROE of 9% to 10% and delivering operating earnings per share of $2.40 to $2.50 per share. And we expect to achieve this while executing on our financing plan to maintain a strong balance sheet. We continue our strong advocacy for equitable and balanced energy transition, taking advantage of the unprecedented federal support through IIJA for investment across the ecosystem while continuing our industry-leading efforts to strengthen our communities. As you may have seen, we are proud to partner with the Cal Ripken Sr. Foundation to open 81 STEM centers across various cities. We serve, including Atlantic City, Chicago, Philadelphia, Wilmington and Washington, D.C. We opened the very first of those in April in Lansdowne, Maryland, and we are excited give students an opportunity to gain hands-on knowledge, skills and confidence in areas like coding and engineering, which are indi”
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SEC filings for EXC ↗ · Claim quote is verbatim from the 2024Q1 earnings call.