| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 29, 2026 | 4/12 | 1 high, 3 medium, 2 low flags | 3 | 0 | Call sheet → |
| Q1'26 | May 5, 2026 | 11/12 | 6 low flags | 4 | 0 | Call sheet → |
| Q4'25 | February 5, 2026 | 11/12 | 4 medium, 4 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Delivered | Deliver Microsoft data center on schedule First unit online ahead of schedule; construction on track. |
| Q2'26 | On‑track | Support pipe retirement program in Chicago Program funded, rollout scheduled 2027‑28. |
| Q2'26 | On‑track | Raise $1.1 bn of equity in 2026 $760 m raised H1; remaining $340 m expected later. |
| Q2'26 | Pending | File rate requests for 2027‑2028 test years in Wisconsin and Illinois Wisconsin filing in staff testimony; Illinois filing still under review. |
| Q2'26 | Delivered | Provide $37.5 bn capital plan with low‑risk, executable projects Plan unchanged; projects (Paris, Oak Creek gas, solar) still on schedule. |
| Q2'26 | Delivered | Verbal approval of VLC tariff would solidify growth Written order pending but the verbal approval is in place; tariff now operational. |
| Q1'26 | Pending | Day-to-day O&M increase 3-5% for 2026 Q1 was favorable due to timing, still expect full-year increase in range |
| Q1'26 | Exceeded | $900M-$1.1B common equity issuance for 2026 Already issued $455M in Q1, well ahead of pace |
| Q1'26 | Pending | Illinois settlement to be filed 'in the coming weeks' after Q4 call Settlement reached but not yet filed with commission for approval |
| Q1'26 | Delivered | Wisconsin rate case filing in April for 2027/2028 test years Filed April 1 as promised |
| Q1'26 | Delivered | VLC tariff commission order expected in early May Commission verbally approved April 24, written order expected in few weeks - slightly ahead of schedule |
| Q1'26 | Delivered | Microsoft first phase expected to go online this year (2025) They now have energy flowing to the site and first phase went online as promised |
| Q4'25 | Delivered | Oak Creek combustion turbine project construction progress Described as 'well underway' with additional LNG facility groundbreaking |
| Q4'25 | Delivered | Vantage construction to start in 2025 Ground breaking occurred in December as forecasted |
| Q4'25 | Delivered | Common equity issuance ~$800M for 2025 Achieved through ATM program as guided |
| Q4'25 | Delivered | 2025 earnings guidance $5.17-$5.27 per share Hit $5.27, top of range on adjusted basis |
| Q4'25 | Delivered | Illinois rate case filing for test year 2027 in early 2026 Filed in early January as promised, now expanded to include 2027-2028 test years |
| Q4'25 | Pending | Very large customer tariff commission order expected by early May 2026 Timeline unchanged from Q3, procedural schedule on track |
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