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Constellation Energy's first-quarter performance exceeded expectations, with the stock price rising over 5% before the market opened
Investing.com - Constellation Energy, a nuclear power company, saw its pre-market stock price rise by more than 5% on Monday, after the company announced that its first-quarter earnings and revenue both exceeded Wall Street expectations.
The company’s first-quarter earnings per share were $2.74, higher than analysts’ expectations of $2.59. Revenue reached $11.12 billion, far above the market consensus of $9 billion.
For an in-depth look at the first-quarter earnings report, see InvestingPro
In a statement accompanying the earnings report, the company’s Chief Financial Officer Shane Smith said: “Our first-quarter performance demonstrates the ongoing excellent operational capabilities of our entire team. We are maintaining our full-year performance guidance unchanged, and we expect strong and predictable cash flow to provide solid support for our strategic capital allocation framework.”
For the full year 2026, Constellation Energy reiterated its earnings per share guidance range of $11.00 to $12.00, while the current Wall Street market consensus is $11.62.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
Constellation Energy
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303.63
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Close · 09/05 · USD
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