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Exelon raised 2026 earnings forecast, boosted by favorable weather and regulatory wins, and increased utility spending to nearly $10 billion.
Exelon reported fourth-quarter 2025 earnings and projected 2026 operating earnings of $2.81 to $2.91 per share, exceeding guidance due to favorable weather and regulatory wins.
The company reaffirmed long-term goals of 5% to 7% annual earnings growth through 2029, supported by a $41.3 billion capital plan and 7.9% rate base growth.
Regulatory approvals in New Jersey and Delaware enabled grid upgrades, while ongoing cases in Maryland and Delaware are expected to conclude in 2026.
Exelon increased 2026 utility spending to nearly $10 billion, with most funds going toward transmission.
The company declared a $0.42 quarterly dividend and saw its stock rise 1.24% in pre-market trading.
Exelon elevó el pronóstico de ganancias para 2026, impulsado por el clima favorable y las victorias regulatorias, y aumentó el gasto de servicios públicos a casi $ 10 mil millones.