8-KRegulation FD

EXELON CORP 8-K Report, Regulation FD Disclosure (May 22, 2007)

Filed May 22, 2007For Securities:EXC

Summary

This 8-K filing from Exelon Corporation on May 22, 2007, primarily serves as a Regulation FD disclosure. The company announced that it would be meeting with investors and participating in the Edison Electric Institute Annual Finance Committee Meeting. During these engagements, Exelon planned to reaffirm its previously issued adjusted (non-GAAP) operating earnings guidance for 2007, covering the parent company (Exelon Corporation), its generation segment (Exelon Generation Company, LLC), and its regulated utility subsidiaries (Commonwealth Edison Company and PECO Energy Company). Notably, the company indicated that the materials used in these investor discussions would be the same as those previously filed with the SEC on May 10, 2007, in conjunction with the Goldman Sachs Annual Power and Utility Conference. This filing also included standard cautionary language regarding forward-looking statements, emphasizing that actual results could differ materially due to various risks and uncertainties disclosed in their other SEC filings.

Key Highlights

  • 1Exelon Corporation reaffirming its 2007 adjusted (non-GAAP) operating earnings guidance.
  • 2The reaffirmation pertains to Exelon Corporation, Exelon Generation Company, LLC, Commonwealth Edison Company, and PECO Energy Company.
  • 3Investor meetings and participation in the Edison Electric Institute Annual Finance Committee Meeting scheduled for May 22-23, 2007.
  • 4Handouts used in investor discussions were the same as those from the Goldman Sachs Annual Power and Utility Conference (filed May 10, 2007).
  • 5Disclosure includes standard forward-looking statement cautionary language.
  • 6No new financial information or material changes to guidance were announced in this specific filing, only a reaffirmation.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose Exelon Corporation's participation in investor meetings and a finance committee meeting, during which they would reaffirm their previously issued 2007 adjusted operating earnings guidance for the company and its key subsidiaries.

No, Exelon did not change its earnings guidance in this filing. The filing states that the company would 'reaffirm' its existing adjusted (non-GAAP) operating earnings guidance ranges for 2007. The materials used were the same as those previously filed.

The filing mentions that the handouts used for these investor discussions are the same as those previously included in the Current Report on Form 8-K filed on May 10, 2007, in connection with the Goldman Sachs Annual Power and Utility Conference. Investors should refer to that earlier filing for the specific guidance figures.

The filing directs investors to consult Exelon's 2006 Form 10-K and its first quarter 2007 Form 10-Q for a comprehensive discussion of risks and uncertainties. These filings detail factors that could cause actual results to differ materially from the forward-looking statements, including specific risk factors, management's discussion and analysis, and financial statement notes.