February 18, 2025

Constellation Energy beats Q4 estimates, affirms 2025 guidance

Investing.com -- Constellation Energy Corporation reported fourth-quarter earnings that surpassed analyst expectations while also affirming its full-year 2025 guidance.

The energy company posted adjusted earnings per share of $2.44 for Q4, exceeding the analyst consensus of $2.19. Revenue for the quarter came in at $5.38 billion, topping estimates of $4.75 billion.

For the full year 2024, Constellation reported adjusted earnings of $8.67 per share, significantly above its twice-revised guidance range of $8.00-$8.40.

Looking ahead, the company reaffirmed its 2025 adjusted earnings guidance of $8.90-$9.60 per share, compared to the analyst consensus of $9.43.

"For the second consecutive year since forming our new company, Constellation has outperformed the top end of its guidance range – a testament to the combined value of our commercial and generation businesses, which were firing on all cylinders in 2024," said Dan Eggers, chief financial officer of Constellation.

The company highlighted its strong operational performance, with its nuclear fleet achieving a 94.6% capacity factor for 2024. Constellation also noted it remains the largest producer of emissions-free energy in the U.S. for the 11th straight year.

Constellation's stock edged up 0.3% following the earnings release.

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