Summary
Exelon Corporation (EXC) filed a Form 8-K on November 6, 2007, to report key information provided during their participation in the Edison Electric Institute Conference. The most significant investor-focused detail is the preliminary 2008 adjusted (non-GAAP) operating earnings guidance. Exelon projected a range of $4.00 to $4.40 per share for 2008, signaling management's expectations for future profitability. Investors should note that this guidance is preliminary and a more formal issuance is expected at Exelon's Investor Conference on December 19, 2007.
Key Highlights
- 1Exelon provided preliminary 2008 adjusted operating earnings guidance of $4.00 - $4.40 per share.
- 2This guidance was presented during a webcast at the Edison Electric Institute Conference on November 6, 2007.
- 3Formal 2008 earnings guidance will be provided at Exelon's Investor Conference on December 19, 2007.
- 4The filing includes standard forward-looking statement disclaimers, referencing risks and uncertainties.
- 5This 8-K is a combined filing by Exelon Corporation and its subsidiaries: Exelon Generation Company, LLC, Commonwealth Edison Company, and PECO Energy Company.
Frequently Asked Questions
Exelon provided preliminary guidance for its 2008 adjusted operating earnings, projecting a range of $4.00 to $4.40 per share.
Exelon plans to provide formal 2008 earnings guidance at its Investor Conference scheduled for December 19, 2007.
Adjusted operating earnings are a non-GAAP (Generally Accepted Accounting Principles) measure, meaning they exclude certain items that management believes are not representative of ongoing operational performance. Investors should refer to the appendix of the presentation slides for a qualitative description of the factors considered.
Yes, the filing includes forward-looking statements and cautions that actual results could differ materially due to various risks and uncertainties, which are detailed in Exelon's previous SEC filings (Form 10-K and 10-Q).