CEG · News · 20260806N
Quarterly Results and Guidance
Constellation Energy Corp · 2026-08-06 · Importance 77 · Surprise 92 · In source text
Constellation reported second-quarter 2026 revenue of approximately $7.5 billion, exceeding the consensus estimate by 0.48%. Adjusted operating earnings were $2.55 per share, up 33.5% year over year and above estimates of $2.29-$2.36 per share. The company raised its full-year 2026 operating earnings guidance, supported by Calpine’s contribution, higher PJM capacity prices, and stronger nuclear contracting. GAAP net income was $1.42 per share for the quarter.
Key facts
- CEG's Q2 adjusted earnings rose 33.5% and beat estimates as Calpine and portfolio gains lifted results. source
- Constellation reported Q2 earnings of $2.55 per share, surpassing the Zacks Consensus Estimate of $2.36, and revenues of $7.5 billion, beating the estimate by 0.48%. source
- Q2 2026 GAAP Net Income was $1.42 per share and Adjusted Operating Earnings were $2.55 per share, leading to an increased full-year guidance range. source
- CEG posted Q2 adjusted EPS of $2.55 per share versus a FactSet estimate of $2.29. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | CEG's Q2 adjusted earnings rose 33.5% and beat estimates as Calpine and portfolio gains lifted results. |
| revenue | positive | realized | — | Constellation reported Q2 earnings of $2.55 per share, surpassing the Zacks Consensus Estimate of $2.36, and revenues of $7.5 billion,… |