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Constellation Energy Q1 2026 Earnings: Revenue Doubles on Calpine, EPS Guidance Affirmed
Constellation Energy (CEG) reported Q1 2026 revenue of $11.1 billion, a 64% year-over-year increase, primarily due to the Calpine acquisition. Adjusted EPS rose to $2.74, and the company affirmed its full-year 2026 adjusted operating EPS guidance of $11 to $12 per share. The company also highlighted strong nuclear operations, significant share repurchases, and progress in data center projects and PJM regulatory matters.