Constellation Energy Reports Q3 Results, Raises 2026 Guidance
Adjusted EPS was $5.06 versus FactSet consensus of $3.90, while revenue was $9.55 billion versus $9.23 billion. The company raised full-year adjusted EPS guidance to $12.50–$12.80 and announced agreements to add more than 1,000 megawatts of emissions-free generation.
Constellation Energy Corporation reported third-quarter 2026 financial results, with adjusted earnings per share of $5.06, surpassing the FactSet consensus estimate of $3.90. Quarterly revenue reached $9.55 billion, also beating the expected $9.23 billion. Driven by strong performance, the company raised its full-year 2026 adjusted earnings per share guidance to a range of $12.50 to $12.80, compared to the previous consensus estimate of $12.17. Management attributed the growth to long-term contracting, nuclear uprates, and reliable summer operations.
Additionally, the company announced new agreements to add over 1,000 megawatts of emissions-free generation to the grid.