Constellation Energy jumps premarket after Q1 profit and revenue top estimates
Investing.com -- Constellation Energy Group shares rose over 5% in premarket trading Monday after the nuclear power company reported first-quarter earnings and revenue that beat Wall Street expectations.
The company posted Q1 earnings per share of $2.74, topping analyst estimates of $2.59. Revenue came in at $11.12 billion, well above the consensus estimate of $9 billion.
“Our first-quarter results reflect continued operational excellence from our entire organization,” said CFO Shane Smith in the earnings statement. “We are affirming our full-year guidance and the expectation of strong, visible cash flow that supports our strategic capital allocation framework.”
For the full year 2026, Constellation affirmed its EPS guidance of $11.00 to $12.00, compared to the current Wall Street consensus of $11.62.
You May Also Be Interested In
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- Dollarama Inc. (DOL:CN) (DLMAF) PT Raised to Cdn$221 at BMO Capital
- United Community Banks sells equipment finance unit for $1.9 billion
Create E-mail Alert Related Categories
InvestingRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share