Summary
Exelon Corporation (EXC) filed an 8-K/A on September 6, 2006, to provide updated information for their participation in the Lehman Brothers 2006 CEO Energy/Power Conference. The primary focus of this amendment is the correction of previously disclosed financial information. Specifically, Exelon revised its year-to-date earnings per share (EPS) for the period ending June 30, 2006, from $1.56 to $1.54 on a weather-normalized basis. This adjustment has an unfavorable impact of $0.06 on the company's 2006 earnings per share. Investors should note that revised slides (15 and 28) reflecting this change are attached as Exhibit 99 to the original September 6, 2006 filing. This update is crucial for understanding the company's reported financial performance and its forward-looking EPS drivers.
Key Highlights
- 1Exelon Corporation updated its presentation materials for the Lehman Brothers 2006 CEO Energy/Power Conference.
- 2A correction was made to the year-to-date weather-normalized EPS as of June 30, 2006, revised from $1.56 to $1.54.
- 3The correction results in an unfavorable earnings per share impact of $0.06 for the fiscal year 2006.
- 4Revised slides (15 and 28) reflecting the EPS adjustment are included as Exhibit 99.
- 5The filing is an amendment (8-K/A) to a previous filing on September 6, 2006.
- 6The filing also involves Exelon's subsidiaries: Commonwealth Edison Company, PECO Energy Company, and Exelon Generation Company, LLC.