Summary
Exelon Corporation (EXC) filed an 8-K on June 27, 2006, to disclose its participation in the Bank of America 2006 Utilities Mini-Conference. The primary purpose of this filing was to reaffirm the company's previously issued guidance for 2006 adjusted (non-GAAP) operating earnings per share, which remains in the range of $3.00 to $3.30. Investors should note that the materials presented at the conference are largely consistent with those filed on May 23, 2006, with the exception of revised slides attached as Exhibit 99 to this report. The company directs stakeholders to the appendix of the May 23rd filing for a reconciliation of adjusted non-GAAP earnings to GAAP earnings, providing transparency on their performance metrics.
Key Highlights
- 1Exelon reaffirmed its 2006 adjusted (non-GAAP) operating earnings per share guidance of $3.00-$3.30.
- 2The company participated in the Bank of America 2006 Utilities Mini-Conference.
- 3Materials presented at the conference are largely the same as those filed on May 23, 2006, with minor revisions.
- 4Revised presentation slides are attached as Exhibit 99 to this 8-K filing.
- 5Reconciliation of adjusted non-GAAP earnings to GAAP earnings is available in the May 23, 2006 filing.