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Exelon Announces Third Quarter 2012 Results; Raises Full-Year Operating Earnings Guidance Range

Exelon Corporation (NYSE: EXC) announced third quarter 2012 consolidated earnings as follows:

     
  Third Quarter
    2012   2011
Adjusted (non-GAAP) Operating Results:  
Net Income ($ millions) $658 $743
Diluted Earnings per Share   $0.77   $1.12
GAAP Results:
Net Income ($ millions) $296 $601
Diluted Earnings per Share   $0.35   $0.90

“We delivered strong financial performance during the third quarter and exceeded our quarterly guidance range thanks in large part to the management of our portfolio by Constellation, Exelon’s retail and wholesale marketing organization,” said Christopher M. Crane, Exelon’s president and CEO. “Based on our results through September and the ICC’s reversal of its ComEd pension asset decision in October, we are revising our full-year operating earnings guidance range upwards to $2.75 to $2.95 per share.”

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