![]() 1 • 2009 earnings guidance of $2.90 to $3.30 per share • Projecting five-year compound annual EPS growth rate of 6% to 8% • Key drivers include: – Reset of generation hedges at higher market prices offset by impact of the Nuclear Joint Venture – Debt reduction and capital expenditure reductions – Higher BGE earnings resulting from increased investment • Recommending reduction in dividend by 50% to 60% Note: Earnings impact of winding down commodities could result in earnings per share impact of ($1.00) to $0.00 Exhibit 99.1 Note: The information included herein is subject to the paragraph titled “Forward Looking Statements” in the Current Report on Form 8-K/A of which this Exhibit 99.1 is a part. December 17, 2008 2009 and Beyond |
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8-K/A Filing
Constellation Energy Inactive 8-K/A2009 earnings guidance of $2.90 to $3.30 per share
Filed: 18 Dec 08, 12:00am