Exelon Corp. on Aug. 1 reported adjusted operating earnings of $583.0 million, or 60 cents per share, in the 2019 second quarter, a decrease from $686.0 million, or 71 cents per share, for the comparable period of 2018.
The S&P Global Market Intelligence consensus normalized EPS estimate for the quarter was 62 cents.
Second-quarter GAAP net income was of $484.0 million, or 50 cents per share, a drop from $539.0 million, or 56 cents per share, in the corresponding quarter of 2018.
Operating revenues came in at $7.69 billion, a drop from $8.08 billion in the prior-year quarter. Exelon also reported operating income of $841.0 million, a decrease from $942.0 million a year earlier.
Looking ahead, the company affirmed its full-year 2019 adjusted operating earnings guidance range of $3 per share to $3.30 per share.