Exelon reports Q3 2026 earnings beat and narrows FY26 EPS guidance
Exelon Corp. posted third‑quarter 2026 adjusted earnings of $0.87 per share, topping the consensus estimate of $0.80. Revenue rose to $7.32 billion, up about 9% year‑over‑year and above analysts’ forecasts. The utility narrowed its full‑year 2026 adjusted EPS outlook to a range of $2.85‑$2.91 and reaffirmed its target of 5%‑7% annual earnings growth through 2029. Management credited higher distribution and transmission rates and the absence of surcharge credits for the results.
Why it matters
The beat and the tighter FY26 guidance suggest stronger near‑term earnings momentum, which may support the stock’s valuation. The company also announced a $0.42 per‑share quarterly dividend, increasing cash return to shareholders.
Key facts
- 1Adjusted EPS for Q3 2026 was $0.87 per share, versus a consensus estimate of $0.80 per share. investing.com
- 2GAAP EPS for Q3 2026 was $0.70 per share, down from $0.86 a year earlier. tradingview.com
- 3Revenue for the quarter was $7.32 billion, a 9.2% increase from $6.71 billion in Q3 2025. investing.com
- 4Full‑year 2026 adjusted EPS guidance was narrowed to $2.85‑$2.91 per share. investing.com
- 5The company affirmed an annualized earnings growth target of 5%‑7% for 2025‑2029. tradingview.com
- 6Exelon declared a quarterly dividend of $0.42 per share. rttnews.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.