Reports Q4 revenue $4.67B, consensus $4.11B. "In 2022, Exelon showcased our ability as a pure transmission and distribution company to deliver on our financial and operational commitments. Because of the partnership with our customers and communities, Exelon is ready to lead the energy transition to a cleaner and brighter future," said Calvin Butler, CEO. "We delivered strong financial results in our first year as a new company," said Jeanne Jones, CFO. "For the full year 2022, we earned $2.08 per share on a GAAP basis and $2.27 on a non-GAAP basis, results that are in the upper half of our guidance range. Over the next four years, Exelon will invest $31 billion to support our jurisdictions’ energy transitions, growing the rate base by 7.9%, and results in our expectations for 6% to 8% annualized growth in operating earnings per share through 2026, off the midpoint of our 2022 guidance. We expect adjusted earnings for 2023 of $2.30-$2.42 per share, in line with the direction provided in our Q3 earnings call."
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