HighGravityDataSigned in · PRO
Guidance history, every release
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
| Metric | Oct 30, 2024 FY24 Q3 | Feb 12, 2025 FY24 Q4 | May 1, 2025 FY25 Q1 | Jul 31, 2025 FY25 Q2 | Nov 4, 2025 FY25 Q3 | Feb 12, 2026 FY25 Q4 | May 6, 2026 FY26 Q1 | Jul 30, 2026 FY26 Q2 |
|---|---|---|---|---|---|---|---|---|
| For FY2029 | ||||||||
| Equity needs | — | — | — | — | — | — | New“$3.4 billion” | — |
| For FY2027 | ||||||||
| BGE Maryland Electric Distribution Rate Case decision timing | — | — | — | — | — | — | — | New“first quarter of 2027” |
| For FY2026 | ||||||||
| Adjusted (non-GAAP) operating earnings | — | — | — | — | — | — | New“$2.81-$2.91 per share” | Reiterated“$2.81-$2.91 per share” |
| Adjusted (non-GAAP) operating earnings | — | — | — | — | — | New“$2.81-$2.91 per share” | — | — |
| Adjusted (non-GAAP) operating earnings per share | — | — | — | — | — | — | New“$2.81-$2.91 per share” | Reiterated“$2.81-$2.91 per share” |
| Percentage of 2026 equity needs priced under forwards | — | — | — | — | — | New“82%” | — | — |
| Quarterly dividend | — | — | — | — | — | New“$0.42 per share” | — | — |
| Utility reliability performance projection | — | — | — | — | — | — | — | New“top quartile reliability performance, with ComEd and PHI in the top decile” |
| For FY2025 | ||||||||
| Adjusted (non-GAAP) operating earnings | — | — | — | — | New“$2.64-$2.74 per share” | — | — | — |
| Adjusted (non-GAAP) operating earnings | — | — | New“$2.64-$2.74 per share” | Reiterated“$2.64-$2.74 per share” | — | — | — | — |
| Adjusted (non-GAAP) operating earnings | — | New“$2.64-$2.74 per share” | — | — | — | — | — | — |
| Annualized equity financing need | — | — | New“$700 million” | Reiterated“$700 million” | — | — | — | — |
| Expected total dividend payout ratio | — | New“approximate 60% payout of Adjusted (non-GAAP) operating earnings per share” | — | — | — | — | — | — |
| Implied total annual equity needs | — | New“$700 million per year” | — | — | — | — | — | — |
| Quarterly dividend | — | New“$0.40 per share” | — | — | — | — | — | — |
| For FY2024 | ||||||||
| Adjusted (non-GAAP) operating earnings | New“$2.40-$2.50 per share” | — | — | — | — | — | — | — |
| Rate base growth | — | New“7.4%” | — | — | — | — | — | — |
| No period stated | ||||||||
| Adjusted (non-GAAP) operating EPS compounded annual growth target | New“5-7%” | — | — | — | — | — | — | — |
| Operating EPS compounded annual growth | — | New“5-7%” | Reiterated“5-7%” | Reiterated“5-7%” | Reiterated“5-7%” | Reiterated“near the top end of 5-7%” | Reiterated“near top end of 5-7%” | — |
| Operating EPS compounded annual growth rate | — | — | — | — | — | — | — | New“near top end of 5-7%” |
| Additional equity in 4-year financing plan | — | New“$1.4 billion” | — | — | — | — | — | — |
| Annualized equity needs | — | — | — | — | — | New“$850 million” | — | — |
| Capital expenditures | — | New“$38 billion” | — | — | — | Raised“$41.3 billion” | Raised“$41.7 billion” | — |
| Capital expenditures increase versus prior plan | — | New“an increase of 10% versus the prior plan” | — | — | — | — | — | — |
| Critical infrastructure investments | — | — | — | — | New“$38 billion” | — | — | — |
| Equity share of incremental capital funding (balanced funding strategy) | — | — | — | — | — | New“approximately 40% equity” | — | — |
| Equity to fund capital expenditures | — | — | — | — | — | New“$3.4 billion” | — | — |
| Equity to fund capital expenditures under 4-year financing plan | — | — | — | — | — | New“$3.4 billion” | — | — |
| Expected rate base growth | — | — | — | — | — | — | New“7.9%” | — |
| Incremental capital expenditures | — | New“$3.5 billion” | — | — | — | — | — | — |
| Quarterly dividend | New“$0.38 per share” | — | Raised“$0.40 per share” | Reiterated“$0.40 per share” | Reiterated“$0.40 per share” | — | Raised“$0.42 per share” | Reiterated“$0.42 per share” |
| Rate base growth | — | — | — | — | — | New“7.9%” | Reiterated“7.9%” | — |
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.