The company said it reported GAAP net income available to common shareholders of $344.3 million ($0.77 per diluted share) for the 3 months ended March 31, 2024. For the same period in 2023, it was $319.2 million ($0.71 per diluted share).

1. 01

   The company said it reported GAAP net income available to common shareholders of $344.3 million ($0.77 per diluted share) for the 3 months ended March 31, 2024. For the same period in 2023, it was $319.2 million ($0.71 per diluted share).

2. 02

   The company said non-GAAP adjusted net income for Q1 2024 was $382.8 million, and adjusted EPS was $0.85. For the same period in 2023, it was $343.0 million and $0.77, respectively.

3. 03

   In calculating adjusted net income for Q1 2024, the company reported weather compared to normal of 32.9, a tax effect of (8.4), and a preferred dividend redemption premium of 14.0, for total adjustments of 38.5 (in millions).

4. 04

   The company said it reaffirmed its 2024 adjusted EPS guidance of $1.70 to 1.74 and its annual 6 to 8% adjusted EPS growth outlook for 2023 to 2028. The company said its 2024 to 2028 base capital expenditure plan was increased to $16.4 billion from $16 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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