Constellation beats Q3 estimates with $5.06 adjusted EPS and raises midpoint of full-year guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Constellation Energy (NASDAQ:CEG) shares advanced over 4% in premarket trading on Monday after the U.S. nuclear and power producer beat third-quarter profit expectations by a wide margin and raised the midpoint of its full-year earnings forecast. Still guessing…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA large earnings beat and a higher guidance midpoint can support the stock and the nuclear power sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted earnings rose to $5.06 per share from $3.04 a year earlier, versus expectations of $3.89.
- 02Revenue was $9.55 billion, up from $6.57 billion a year earlier.
- 03The shares were up over 4% in premarket trading on Monday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets