Constellation Energy Group, Inc. (CEG) Misses Q2 EPS by $0.89

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Constellation Reports Second Quarter 2022 Results

August 4, 2022 6:50 AM EDT

Earnings Release Highlights

GAAP Net Loss of ($111) million and Adjusted EBITDA (non-GAAP) of $603 million for the second quarter of 2022 Reaffirming guidance range for full year 2022 Adjusted EBITDA (non-GAAP) from $2,350M - $2,750M Landmark climate legislation under consideration in Congress Announced agreements with Bank of America and PNC Bank to procure carbon-free energy and RECs to reduce their carbon footprints through Constellations CORe retail power product

BALTIMORE--(BUSINESS WIRE)-- Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the second quarter of... More