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.
Frequently Asked Questions
The primary purpose of this 8-K filing is to inform investors that Exelon Corporation reaffirmed its previously issued earnings per share guidance for fiscal year 2008 at the Morgan Stanley Global Electricity and Energy Conference.
Exelon reaffirmed its adjusted (non-GAAP) operating earnings per share guidance for 2008 at $4.00 to $4.40, and its GAAP earnings per share guidance at $3.70 to $4.10.
Yes, the filing includes reaffirmed guidance for its key subsidiaries: Exelon Generation Company, LLC ($3.15 to $3.45 per share), Commonwealth Edison Company ($0.35 to $0.40 per share), and PECO Energy Company ($0.55 to $0.60 per share).
The presentation slides used by Exelon at the Morgan Stanley Global Electricity and Energy Conference are attached as Exhibit 99.1 to this Form 8-K filing.