Exelon Corp. (EXC) Tops Q4 EPS by 1c, Offers Outlook
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Exelon Reports Fourth Quarter and Full Year 2018 Results and Initiates 2019 Financial Outlook
February 8, 2019 6:47 AM ESTExelon's GAAP Net Income for the fourth quarter of 2018 decreased to $0.16 per share from $1.94 per share in the fourth quarter of 2017. Adjusted (non-GAAP) Operating Earnings increased to $0.58 per share in the fourth quarter of 2018 from $0.56 per share in the fourth quarter of 2017 Exelon introduces a 2019 adjusted (non-GAAP) operating earnings guidance range of $3.00-$3.30 per share, reflecting growth in Utilities, recognition of New Jersey Zero Emissions Credit (ZEC) revenues, and the impact of previously announced cost reduction initiatives Exelon Utilities project capital expenditures of $23 billion over the... More
