Exelon Q2 Profit Misses as Higher Costs Offset Rate Gains; Shares Dip
EXC is trading near its 52-week low of $42.58 (10% above the low).
Summary
Exelon's Q2 adjusted EPS of $0.43 missed the $0.44 consensus, despite a 10% revenue jump to $5.97B. Higher O&M and interest costs ate into gains from rate increases. The company affirmed its 2026 EPS guidance of $2.81-$2.91 and long-term growth targets. Shares fell 2.6% premarket. The miss, though narrow, breaks a streak of beats and highlights cost pressures. BGE's $156M rate filing and Atlantic City Electric's battery proposal add regulatory catalysts. This follows the earlier Reuters report that only noted the EPS rise and guidance affirmation without the miss or cost details.
At the time of this announcement, EXC was trading at $47.05 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $48.1B. The 52-week trading range was $42.58 to $50.65. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.