Constellation Energy Reports Strong Q3 Results with EPS and Revenue Beats
Constellation Energy (CEG) reported third-quarter financial results that significantly exceeded analyst expectations. The company posted a Non-GAAP earnings per share (EPS) of $5.06, surpassing estimates by $1.17, while revenue reached $9.55 billion, representing a 45.4% increase year-over-year and beating projections by $200 million. Following these strong results, the company raised its full-year Adjusted Operating Earnings guidance, narrowing the range to between $12.50 and $12.80 per share. The positive earnings surprise led to a 2% increase in share price during after-hours trading.
Topics: earnings beat guidance raise nuclear energy revenue growth
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