BUZZ-Exelon gains as profit forecasts exceed expectations

Reuters02-13
BUZZ-Exelon gains as profit forecasts exceed expectations

** Shares of utility Exelon EXC.O up 7.4% to $47.69, highest since November 2025

** Co forecasts full-year adjusted profit largely above analysts' expectations, driven by higher electricity rates and rising power demand

** EXC projects higher capex of $41.3 billion over the next four years, from $38 billion forecast previously

** Forecasts 2026 adjusted profit between $2.81 and $2.91 per share, v/s est. of $2.84 per share - data compiled by LSEG

** Company posts adj. profit of 59 cents per share vs est. of 55 cents per share

** In 2025, EXC was up ~16%

(Reporting by Dharna Bafna in Bengaluru)

((Dharna.bafna@thomsonreuters.com))

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