By Connor Hart

Exelon logged higher profit and revenue in the third quarter, and the company said it would continue investing in infrastructure to support future growth.

The Chicago-based utility operator on Tuesday posted a profit of $875 million, compared with $707 million a year earlier. Quarterly earnings came in 86 cents a share.

Stripping out certain one-time items, earnings were also 86 cents a share. Analysts polled by FactSet expected adjusted earnings of 78 cents a share.

Revenue climbed 9% to $6.71 billion and topped the $6.43 billion that Wall Street modeled.

"At a time when many are facing cost pressures, we remain focused on supporting our customers and investing effectively and efficiently in the communities we serve," Chief Executive Calvin Butler said.

Finance chief Jeanne Jones added that the company plans to invest $38 billion in infrastructure investments over the next four years.

The company--whose utility holdings include ComEd in Illinois and PECO in Pennsylvania--backed its full-year adjusted earnings outlook of $2.64 a share to $2.74 a share. It also reaffirmed its long-term growth target for operating earnings-per-share growth between 5% and 7% through 2028.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 04, 2025 07:48 ET (12:48 GMT)

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