Exelon Corporation Presents at Citi's Global Energy and Utilities Conference, May-14-2013 . Venue: Hyatt Regency, One Avenue De Lafayette, Boston, Massachusetts, United States.

Exelon Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported operating revenues of $6,082 million against $4,690 million for the same period in the last year. Operating income was $508 million against $359 million for the same period in the last year. Income before income taxes was $57 million against $358 million for the same period in the last year. Net loss on common stock was $4 million or $0.01 per basic and diluted share against net income on common stock of $200 million or $0.28 per basic and diluted share for the same period in the last year. Net cash flows provided by operating activities were $859 million against $994 million for the same period in the last year. Capital expenditures were $1,447 million against $1,496 million for the same period in the last year. Adjusted non-GAAP revenue was $6,894 million against $4,837 million for the same period in the last year. Adjusted non-GAAP operating income was $1,124 million against $1,102 million for the same period in the last year. Adjusted non-GAAP income before income taxes was $928 million against $981 million for the same period in the last year. Adjusted non-GAAP net income on common stock was $602 million or $0.70 per basic and diluted share against $603 million or $0.85 per basic and diluted share for the same period in the last year. For the second quarter, the company expects operating earnings to be $0.50 to $0.60 per share. This compares to realized earnings of $0.61 per share during the same period last year. The company provided cash from operations guidance for 2013. For the period, the company expects cash from operations of $5.8 billion and capex of $150 million lower than prior estimates in part due to cancellation of Dresden and Quad Cities MUR projects. The company reaffirms guidance range of $2.35 to $2.65 per share.

Exelon Corporation announced that they will report Q1, 2013 results on May 01, 2013