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Constellation Energy Beats Estimates and Raises Annual Guidance

Barrons.com +1 · ·by G4L

CEG Constellation Energy Corp
$276.09 +10.46%
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  1. 1Constellation Energy reported adjusted operating earnings per share of $5.06, beating consensus and earnings whisper figures by 29.7%.
  2. 2Constellation Energy revenue of $9.55 billion beat the $8.56 billion consensus by 11.6%.
  3. 3Management raised the midpoint of the annual guidance to $12.50-$12.80.

So what's the key point?

Constellation Energy earned much more money than experts expected. The company also raised its profit outlook for the year ahead.

Source Barrons.com +1 · View original ↗

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