Constellation Energy (CEG) Posts a 64% Revenue Jump and Raises Its Full-Year Outlook

18 hours ago 3

Neha Gupta

Fri, May 15, 2026 astatine 10:45 AM CDT 2 min read

Constellation Energy Corporation (NASDAQ:CEG) is one of the champion uranium stocks to bargain according to Wall Street analysts. On May 11, Constellation Energy Corporation (NASDAQ:CEG) reported its Q1 FY2026 fiscal results, successful which it posted adjusted operating net of $2.74 per stock against the $2.54 that Wall Street expected. Quarterly gross came successful astatine $11.1 billion, a monolithic 64% twelvemonth implicit twelvemonth jump, and good up of the forecasted $8.5 billion.

Constellation Energy (CEG) Posts a 64% Revenue Jump and Raises Its Full-Year Outlook

According to management, this gross leap was driven astir wholly by the summation of Calpine Corporation, a large earthy state powerfulness generator that Constellation acquired successful aboriginal 2026. This caller portion brought successful a ample caller fleet of gas, solar, and different assets onto Constellation’s books for the archetypal time.

On the EPS side, the Calpine acquisition contributed astir $2 per stock of annualized accretion, meaning it straight lifted the company’s net power. On apical of that, higher capableness prices successful the PJM powerfulness grid portion and little stock-based compensation added to the beat. These gains were partially offset by much planned atomic refueling outage days compared to past year, little zero-emission recognition payments from authorities programs, and higher costs to service customers during Winter Storm Fern, noted management.

For the afloat twelvemonth 2026, absorption reaffirmed its adjusted operating EPS guidance of $11 to $12 per share. Looking further out, absorption projected escaped currency travel of $8.4 cardinal crossed 2026 and 2027. They expect currency travel to grow to $11.5 cardinal to $13 cardinal successful 2028-2029, and are besides guided for net maturation exceeding 20% annually done 2029.

Constellation Energy Corporation (NASDAQ:CEG) is an vigor institution focused connected powerfulness procreation and vigor supply, with a ample portfolio of uranium-powered, hydro, wind, and star assets. The institution is 1 of the largest operators of atomic powerfulness plants successful the United States.

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