NASDAQ$CEG
Constellation Energy Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Constellation Energy reported third quarter results with increased GAAP net income and adjusted operating earnings.
Constellation Energy reported a GAAP Net Income of $3.82 per share and Adjusted (non-GAAP) Operating Earnings of $2.74 per share for the third quarter of 2024. The company is raising the midpoint and narrowing the full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range to $8.00 – $8.40 per share.
- GAAP Net Income increased to $3.82 per share from $2.26 per share in the third quarter of 2023.
- Adjusted (non-GAAP) Operating Earnings increased to $2.74 per share from $2.13 per share in the third quarter of 2023.
- Signed a 20-year power purchase agreement with Microsoft to support the launch of the Crane Clean Energy Center.
- Nuclear fleet produced 45,510 GWhs in the third quarter of 2024, compared with 44,125 GWhs in the third quarter of 2023.
Headline financials
Revenue & EPS history
Constellation Energy · Revenue · Quarterly
$6.55B
Forward guidance
Constellation Energy is raising Adjusted (non-GAAP) Operating Earnings guidance range for the full year to $8.00 – $8.40 per share, up from $7.60 – $8.40 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 Q3 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro