NASDAQ$CEG
Constellation Energy Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Constellation Energy reported a strong second quarter with increased GAAP net income and adjusted operating earnings, raised full-year guidance, and continued share repurchases.
Constellation Energy reported a strong second quarter 2024, with GAAP net income of $2.58 per share and adjusted (non-GAAP) operating earnings of $1.68 per share. The company raised its full-year 2024 adjusted (non-GAAP) operating earnings guidance range to $7.60-$8.40 per share and repurchased approximately $500 million of its common stock in the second quarter.
- GAAP Net Income of $2.58 per share and Adjusted (non-GAAP) Operating Earnings of $1.68 per share for the second quarter of 2024.
- Full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range raised to $7.60-$8.40 per share.
- Approximately $500 million of common stock repurchased in the second quarter, with $2.0 billion repurchased since 2023.
- 2024 Sustainability Report released and second annual Youth Energy Summit hosted.
Headline financials
Revenue & EPS history
Constellation Energy · Revenue · Quarterly
$5.48B
Forward guidance
Constellation Energy raised its full-year adjusted (non-GAAP) earnings guidance to $7.60 to $8.40 per share from its previous guidance of $7.23 to $8.03 per share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q2 2024
+3.7%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+3.0%
Avg return
30 days after
71%
12 / 17 earnings
Positive
+28.2%
Q4 2023
Best reaction
-9.4%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.4% | -12.0% | — | |
| Q4 2025 | +3.5% | +12.3% | +0.5% | |
| Q3 2025 | +2.0% | +0.8% | +2.4% | |
| Q2 2025 | -0.6% | +0.0% | -10.9% | |
| Q1 2025 | +10.3% | +9.3% | +16.8% | |
| Q4 2024 | +2.6% | -10.4% | -30.8% | |
| Q3 2024 | -9.4% | -7.3% | -1.5% | |
| Q2 2024 | +5.7% | +11.7% | +3.6% | |
| Q1 2024 | +3.3% | +4.7% | -4.8% | |
| Q4 2023 | +28.2% | +27.6% | +38.8% | |
| Q3 2023 | +2.4% | +4.0% | -3.8% | |
| Q2 2023 | +8.8% | +9.7% | +12.3% | |
| Q1 2023 | +3.9% | +3.2% | +14.4% | |
| Q4 2022 | -1.7% | -6.6% | -10.7% | |
| Q3 2022 | -6.6% | -1.3% | -2.2% | |
| Q2 2022 | +10.6% | +12.7% | +20.7% | |
| Q1 2022 | +0.9% | +2.6% | +3.0% | |
| Q4 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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