Exelon (NASDAQ:EXC) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Exelon (NASDAQ:EXC) released its earnings results on Thursday. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07, FiscalAI reports. Exelon had a return on equity of 10.28% and a net margin of 11.60%.The company’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. Exelon updated its FY 2026 guidance to 2.810-2.910 EPS.

Here are the key takeaways from Exelon’s conference call:

• Beat expectations and raised guidance: Exelon reported 2025 adjusted operating EPS of $2.77 (above guidance) and initiated 2026 operating earnings guidance of $2.81–$2.91, targeting 5%–7% annualized EPS growth through 2029 near the top of that range.
• Large, transmission‑heavy capital plan: Management plans to invest $41.3 billion over the next four years with ~70% of the plan increase driven by transmission, expecting ~8% rate‑base growth and line‑of‑sight to an additional $12–17 billion of transmission opportunities over the next decade.
• Regulatory progress is mixed: final settlements were reached in Atlantic City Electric and Delmarva Gas and reconciliations closed at ComEd and BGE (BGE recovered roughly half), while major filings (Pepco MD, ComEd multi‑year grid plan) remain pending and could affect timing and recovery.
• Funding and balance‑sheet plan to support growth: Exelon expects to fund the plan with $22B of internal cash, $13B of utility debt, $3B of holding‑company debt and modest equity (~40% policy), has issued $1B of convertible debt, and targets credit metrics comfortably above downgrade thresholds.

Exelon Stock Up 7.4%

EXC traded up $3.30 during trading on Thursday, hitting $47.75. The company had a trading volume of 16,770,297 shares, compared to its average volume of 8,205,253. The company has a market capitalization of $48.24 billion, a PE ratio of 17.05, a PEG ratio of 2.61 and a beta of 0.45. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. Exelon has a one year low of $41.71 and a one year high of $48.51. The firm’s 50-day moving average price is $43.94 and its 200 day moving average price is $44.81.

Trending Headlines about Exelon

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Q4 earnings beat expectations — Exelon reported $0.59 EPS versus consensus around $0.52–$0.53, surprising the street positively and supporting the stock move. Exelon (EXC) Tops Q4 Earnings Estimates
• Positive Sentiment: Big infrastructure/capex plan — management unveiled a $41.3 billion infrastructure investment plan through 2029, which investors view as a driver of long‑term regulated earnings and utility growth. Exelon Q4 Earnings Beat Estimates, Sales Miss, Capex Plan Up
• Neutral Sentiment: FY‑2026 EPS guidance set — Exelon established a 2026 EPS range of $2.81–$2.91 (roughly in line with consensus), giving investors a clearer near‑term earnings framework but not dramatically above expectations. Exelon Reports Fourth Quarter and Full Year 2025 Results and Initiates 2026 Financial Outlook
• Negative Sentiment: Revenue and prior‑year comparison — revenue was down ~1.1% year‑over‑year and Q4 EPS ($0.59) declined from $0.64 a year earlier, highlighting some near‑term headwinds despite the EPS beat. Exelon Q4 results and conference call
• Negative Sentiment: Capex funding and leverage risk — the $41.3B plan supports growth but increases capital needs and could pressure cash flow or raise leverage over time (relevant given Exelon’s existing debt metrics). Capex plan coverage
• Neutral Sentiment: Short interest data is noisy/insignificant — recent short‑interest entries show effectively zero reported shorts and are not a meaningful market signal. (Likely not driving today’s move.)

Institutional Trading of Exelon

A number of institutional investors have recently modified their holdings of the company. Sfam LLC bought a new position in shares of Exelon in the fourth quarter valued at $57,000. Chapman Financial Group LLC acquired a new stake in Exelon in the second quarter valued at $62,000. Zions Bancorporation National Association UT grew its position in shares of Exelon by 410.8% in the 4th quarter. Zions Bancorporation National Association UT now owns 2,227 shares of the company’s stock valued at $97,000 after acquiring an additional 1,791 shares during the period. Financial Engines Advisors L.L.C. acquired a new position in shares of Exelon during the 3rd quarter worth about $201,000. Finally, L2 Asset Management LLC acquired a new position in shares of Exelon during the 3rd quarter worth about $214,000. 80.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on EXC shares. Weiss Ratings restated a “buy (b)” rating on shares of Exelon in a research report on Friday, October 31st. Royal Bank Of Canada initiated coverage on shares of Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price objective on the stock. Jefferies Financial Group lowered their target price on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. UBS Group reduced their price target on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Finally, BTIG Research assumed coverage on Exelon in a research note on Tuesday, October 21st. They set a “neutral” rating for the company. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Exelon has an average rating of “Hold” and a consensus target price of $49.38.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.