Exelon Corporation (EXC) Q1 2025 Earnings Call Transcript


Exelon Corporation (NASDAQ:EXC) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET

Company Participants

Andrew Plenge – VP, IR
Calvin Butler – President & CEO
Jeanne Jones – CFO
Colette Honorable – CLO

Conference Call Participants

Nick Campanella – Barclays
James Kennedy – Guggenheim Partners
Julien Dumoulin-Smith – Jefferies
David Arcaro – Morgan Stanley
Bill Appicelli – UBS

Operator

Hello, and welcome to Exelon’s First Quarter Earnings Call. My name is Lateef, and I will be your event specialist today. All lines have been placed on mute to prevent any background noise. Please note that today’s webcast is being recorded. During the presentation, we’ll have a question-and-answer session. [Operator Instructions].

It is now my pleasure to turn today’s program over to Andrew Plenge, Vice President of Investor Relations. The floor is yours.

Andrew Plenge

Thank you, Lateef. Good morning, everyone. Thank you for joining us for our 2025 first quarter earnings call. Leading the call today are Calvin Butler, Exelon’s President and Chief Executive Officer; and Jeanne Jones, Exelon’s Chief Financial Officer. Other members of Exelon’s senior management team are also with us today, and they will be available to answer your questions following our prepared remarks.

Today’s presentation, along with our earnings release and other financial information can be found in the Investor Relations section of Exelon’s website. We would also like to remind you that today’s presentation and the associated earnings release materials contain forward-looking statements, which are subject to risks and uncertainties. You can find the cautionary statements on these risks on Slide 2 of today’s presentation or in our SEC filings.

In addition, today’s presentation includes references to adjusted operating earnings and other non-GAAP measures. Reconciliations between these measures and the nearest equivalent GAAP measures can be found in the appendix of our presentation and in



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