$EXC

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.

[EXC Q2 2026 Earnings Call] Exelon Counters PJM Grid Stress with $1B Battery Storage as Simulated Prices Hit $777/MW-Day Exelon’s second-quarter earnings call was less about the numbers and more about the grid that hosts them. The $0.43 per share print was squarely in line with expectations and triggered a reaffirmation of full-year guidance. But it was the alarming deterioration in PJM’s supply-demand balance—and Exelon’s aggressive, multi-pronged response—that set the tone.

Exelon (EXC) reported in its July 30, 2026 SEC 10-Q that net income and revenues rose modestly year over year. The company cited approved rate increases, favorable weather, and cost management, partially offset by higher depreciation, interest, and credit loss expenses. Exelon also noted ongoing regulatory and legislative developments affecting its outlook.

Exelon’s ComEd is seeking approval for a $15.3 billion, four-year grid plan in Illinois. The Citizens Utility Board says filings include over $1 billion in inflated or mislabeled spending, including $238 million in peak-demand estimates, $209.4 million smart meter replacements, and $124 million EV charging cost assumptions. CUB alleges discretionary costs were labeled “mandatory” to skirt CEJA.