$EXC

Baltimore Gas & Electric (BGE), acquired by Exelon, asked Maryland regulators to approve a rate increase that would add about $8 per month for customers. BGE seeks to raise its return on equity from 9.5% to 10.4% and a $156 million increase, citing “bare bones” system spending. Consumer groups and unions oppose, citing record Exelon profits and affordability concerns. A PSC decision is expected in early 2027.

Utility Dive reports three late-July 2026 moves tied to data center load growth. Exelon reduced its “high probability” data center load estimate to 11 GW, down 40%, citing tighter screening of interconnection queue projects. FirstEnergy said data center contracts rose 50% in Q2 and Mon Power plans $2.7B new generation, funded via a surcharge. Texas regulators approved AI co-location at a wind farm with rapid curtailment and limited demand response.

Simply Wall St reports Exelon (EXC) second-quarter 2026 results: sales and revenue rose to $5,967 million from $5,427 million. Net income was $396 million vs $391 million, and continuing-ops EPS was $0.39. The stock closed at $45.61. A valuation narrative cites fair value $49.33 (about 7.5% undervalued), while a DCF model estimates $6.65.

Exelon (EXC) reported Q2 2026 adjusted operating earnings of $0.43 per share and reaffirmed full-year guidance of $2.81 to $2.91 per share, according to its earnings call transcript. Management cited storm impacts on ComEd and PHI, regulatory progress in rate cases, and PJM capacity and price signals amid rising demand and tight supply.

Exelon executives trimmed their data center growth outlook, saying they removed speculative projects. In Q2 materials, CFO Jeanne Jones said Exelon’s utilities have about 7 GW of data centers in advanced design and 4 GW supported by TSAs with about $1 billion collateral, versus a larger 25 GW potential pipeline. Exelon reported Q2 net income of $396M on $5.97B revenue and guided EPS growth of 5% to 7% through 2029. Shares fell 3% to $45.58 on July 30.

Bank of America’s mid-quarter review of U.S. power and utilities for Q2 2026 says 12 of 14 covered companies beat earnings estimates. It cites rate relief, customer and load growth, and construction-related earnings. Annual guidance was mostly reaffirmed, with AEP, IDA, and XEL raising ranges. Data-center demand drove contracted load and pipeline growth.

Exelon reported Q2 2026 earnings call updates, citing higher distribution and transmission rates and fewer prior-year customer relief costs, offset by higher credit loss and interest costs. It reaffirmed 2026 guidance of $2.81 to $2.91 per share and a 2026-2029 5% to 7% annualized growth target. Exelon also discussed a $41B capital plan, PJM capacity stress, and a 500 MW NJ battery project.

BMO Capital Markets lowered its price target on Exelon to $47 from $48 and kept a Market Perform rating, according to the firm. The stock was quoted around $45.94 at the time of publication. The note references Exelon’s continued 2029 investment plan after screening data-center requests.

Thursday, July 30, 2026 at 10 a.m. ET CALL PARTICIPANTS Vice President of Investor Relations - Ryan Brown President and Chief Executive Officer - Calvin Butler Chief Financial Officer - Jeanne Jones President and Chief Executive Officer of PECO - Michael A.

Exelon Corporation EXC reported second-quarter 2026 adjusted operating earnings of 43 cents per share, in line with the Zacks Consensus Estimate. Earnings increased 10.3% from 39 cents in the year-ago quarter. Higher distribution and transmission rates across several utilities supported the improvement. On a GAAP basis, earnings were 39 cents per share, matching the year-ago quarter's reported figure.