Exelon Corp
EXC: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$79.00 | Wyxlkm | Xbgqrkpw |
Exelon Reports Strong Full-Year Earnings, Extends 6%-8% Growth Outlook
We are reaffirming our $41 per share fair value after Exelon reported 2022 full-year adjusted earnings per share of $2.27 up from $1.83 in 2021. Earnings in 2021 included the now-divested Constellation business. Management initiated 2023 full-year earnings guidance of $2.30 to $2.42 per share, which we view as achievable.