By Rob Curran
Exelon narrowed its expectations for 2023 adjusted earnings and reiterated its long-term profit growth targets.
The Chicago-based owner of utilities such as ComEd and PECO narrowed its projection for 2023 adjusted earnings to a range between $2.32 and $2.40 a share from a prior range of $2.30 to $2.42 a share.
Exelon backed its long-term growth projection for regulated operating earnings per share rising on a compounded annual basis between 6% and 8% through 2026 from baselines derived from 2021 and 2022 earnings targets.
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