Summary
This 8-K filing from Exelon Corporation, filed on April 3, 2008, primarily serves to announce the reaffirmation of the company's and its subsidiaries' earnings guidance for the fiscal year 2008. Exelon participated in the Morgan Stanley Global Electricity and Energy Conference, where it confirmed its adjusted (non-GAAP) operating earnings per share guidance for Exelon at $4.00 to $4.40. Additionally, guidance for its key subsidiaries, Exelon Generation Company, LLC, Commonwealth Edison Company, and PECO Energy Company, were also reaffirmed within specified ranges. The filing also reiterates Exelon's GAAP earnings guidance for 2008.
Key Highlights
- 1Exelon reaffirmed its 2008 adjusted (non-GAAP) operating earnings guidance range of $4.00 to $4.40 per share.
- 2The company also reaffirmed its 2008 GAAP earnings guidance range of $3.70 to $4.10 per share.
- 3Guidance was reaffirmed for key subsidiaries: Exelon Generation Company, LLC ($3.15 to $3.45), Commonwealth Edison Company ($0.35 to $0.40), and PECO Energy Company ($0.55 to $0.60).
- 4The reaffirmation of guidance occurred during Exelon's participation in the Morgan Stanley Global Electricity and Energy Conference.
- 5Presentation slides used at the conference are attached as Exhibit 99.1 to the filing.