“keeps us on track to deliver on our 2025 operating earnings guidance range”

In context

“ks and uncertainties. You can find the cautionary statements on these risks on Slide 2 of today's presentation or in our SEC filings. In addition, today's presentation includes references to adjusted operating earnings and other non-GAAP measures. Reconciliations between these measures and the nearest equivalent GAAP measures can be found in the appendix of our presentation and in our earnings release. It is now my pleasure to turn the call over to Calvin Butler, Exelon's President and CEO. Calvin Butler: Thank you, Andrew, and good morning, everyone. We appreciate you joining us for our first quarter earnings call. 2025 is off to a good start. We're reporting operating earnings of $0.92 per share, representing strong growth over the first quarter of 2024, and ahead of expectations, which keeps us on track to deliver on our 2025 operating earnings guidance range. Reliability and safety performance continues to be very strong as well despite a number of high wind events throughout the winter months that challenged our operators who remain the best in the business. ComEd and Pepco Holdings are projecting top decile outage frequency and duration performance while BGE and PECO are in top quartile. We have a relatively lower level of base rate case activity this year and our two open rate cases remain on track at Atlantic City Electric and Delmarva Power, which Jeanne will cover in her remarks. We have also been actively engaging in a variety of legislative and regulatory reforms to ensure energy policy keeps pace with the industry and broader economic trends. Ensuring reliable and affordable energy for all customers is critical to our jurisdictions a”