CLAIM #23492 · EXC (EXC) · 2025Q2 earnings call · Jul 31, 2025 · due Dec 31, 2025
“As we look towards the end of the year, we remain on track for full year operating earnings of $2.64 to $2.74 per share, with the goal to be at midpoint or better.”
Jeanne Jones · CFO
In context
“, these results are slightly ahead of the guidance we provided in our prior quarter call due to favorable revenue and tax timing at ComEd and disciplined cost management at our utilities. Our year-to-date performance underscores our ability to deliver strong financial results amidst increasingly significant storm activity and while continuing to find new and creative ways to support our customers. Looking ahead to next quarter, we expect earnings to be approximately 29% of the midpoint of our projected full year earnings guidance range, which contemplates new rates in effect, anticipated shaping up costs and revenue timing and assumes normal weather and storm conditions, along with our ability to seek deferral treatment of extraordinary storm costs at PECO from the first half of the year. As we look towards the end of the year, we remain on track for full year operating earnings of $2.64 to $2.74 per share, with the goal to be at midpoint or better. Finally, we have reaffirmed our annualized earnings growth rate of 5% to 7% through 2028 with the expectation to be at the midpoint or better of that range. Turning to Slide 6. I will review the limited base rate case activity across our platform. We received intervenor testimony on July 25 on the Delmarva Power gas distribution rate case filed last September, keeping the rate case on track. The rate filing seeks to recover continued reliability investments such as aging piping, along with the LNG plant upgrades, which help protect customers from price volatility during peak periods. Following intervenor testimony, the case will be open for rebuttal testimony in September before evidentiary hearings are held in November, an order is expected in the first quarter of 2026. Our second open b”
Verify independently
SEC filings for EXC ↗ · Claim quote is verbatim from the 2025Q2 earnings call.