CEG - Earnings announcements

Earnings Release Highlights GAAP Net Income of $1.38 per share and Adjusted (non-GAAP) Operating Earnings of $2.30 per share for the fourth quarter of 2025. GAAP Net Income of $7.40 per share and Adjusted (non-GAAP) Operating Earnings of $9.39 per share for the full year 2025 Completed acquisition of Calpine Corporation, a combination that brings together premier nuclear, natural gas, and geothermal fleets with a leading commercial platform Announced agreement to support new data center facility at Freestone Energy Center in Texas Secured NRC approval of extended operating licenses for our Clinton and Dresden nuclear stations DOE approved a $1 billion loan guarantee to advanc

Earnings Release Highlights GAAP Net Income of $2.97 per share and Adjusted (non-GAAP) Operating Earnings of $3.04 per share for the third quarter of 2025 Narrowing full-year 2025 Adjusted (non-GAAP) Operating Earnings guidance range to $9.05 – $9.45 per share Conowingo Dam received a water quality certification from the Maryland Department of the Environment (MDE) clearing the way for the re-licensing and continued operation of the dam's hydroelectric facility Constellation Energy Corporation (NASDAQ:CEG) today reported its financial results for the third quarter of 2025. "We achieved one of the highest operating quarters for our nuclear fleet and advanced major milestones like ou

Earnings Release Highlights GAAP Net Income of $2.67 per share and Adjusted (non-GAAP) Operating Earnings of $1.91 per share for the second quarter of 2025 Signed 20-year deal with Meta for full output of Clinton Clean Energy Center Continued bipartisan legislative support for nuclear energy Calpine acquisition receives FERC and state regulatory approvals Crane Clean Energy Center will return to service in 2027 Repurchased approximately $400 million of our common stock Recertified as a Great Place to Work for the third straight year Constellation Energy Corporation (NASDAQ:CEG) today reported its financial results for the second quarter of 2025. "With increasing de

Earnings Release Highlights GAAP Net Income of $0.38 per share and Adjusted (non-GAAP) Operating Earnings of $2.14 per share for the first quarter of 2025 Reaffirming full-year 2025 Adjusted (non-GAAP) Operating Earnings guidance range of $8.90 - $9.60 per share Calpine acquisition on-track to be completed by the end of the year Crane Clean Energy Center selected for fast-track interconnection in PJM Constellation Energy Corporation (NASDAQ:CEG) today reported its financial results for the first quarter of 2025. "Constellation delivered another strong quarter, driven by the unmatched capabilities of our people and the strength of our fleet. We provide American families and busine

Constellation to Acquire Calpine in Stock and Cash Joins Best-in-Class Customer Platforms, Providing Opportunities to Better Serve Customers with a Broader Array of Energy and Sustainability Products Combines Nation's Premier Nuclear, Natural Gas and Geothermal Fleets to Create Cleanest and Most Reliable Energy Producer, with Coast-to-Coast Presence Immediately and Highly Accretive to Constellation's EPS and Cash Flow with Value Creation for Constellation Owners Ownership Commitment from Calpine's Owners, led by Energy Capital Partners (ECP), Who Will Receive Stock in the Pro Forma Company as Consideration Constellation to Host Conference Call and Webcast Today at 8:30 a.m. Easter

Earnings Release Highlights 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 Raising midpoint and narrowing full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range to $8.00 – $8.40 per share Announced the signing of a 20-year power purchase agreement with Microsoft that will support the launch of the Crane Clean Energy Center Constellation Energy Corporation (NASDAQ:CEG) today reported its financial results for the third quarter of 2024. "The importance of AI and the data economy to America's economic competitiveness and national security can't be overstated, and Constellation will do our par

Earnings Release Highlights GAAP Net Income of $2.58 per share and Adjusted (non-GAAP) Operating Earnings of $1.68 per share for the second quarter of 2024 Raising full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range to $7.60-$8.40 per share Delivering on our commitment to shareholders, repurchased approximately $500 million of our common stock in the second quarter; cumulatively we have repurchased $2.0 billion since 2023 Released our 2024 Sustainability Report and hosted our second annual Youth Energy Summit, providing students a weeklong STEM educational experience Earned 2024 Great Place to Work® certification for the second year in a row Constellation

Earnings Release Highlights GAAP Net Income of $2.78 per share and Adjusted (non-GAAP) Operating Earnings of $1.82 per share for the first quarter of 2024 Affirming full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $7.23 - $8.03 per share Delivering on our commitment to shareholders: In April 2024, authorized an additional $1 billion of authority to repurchase shares under our previously announced share repurchase program Deployed more than $500 million for the repurchase of shares in the first quarter; cumulatively we have repurchased $1.5 billion since 2023 Our issuer credit rating was upgraded by Moody's from Baa2 to Baa1 reflecting confidence in ou

Earnings Release Highlights GAAP Net Income of $731 million and Adjusted EBITDA (non-GAAP) of nearly $1.2 billion for the third quarter of 2023 Raising guidance range for full year 2023 Adjusted EBITDA (non-GAAP) to $3,800 million to $4,000 million Delivering on our commitment to shareholders: Expanded the nation's largest, highly reliable carbon-free nuclear fleet by acquiring a 44% stake in South Texas Project Electric Generating Station Repurchased $250 million of shares, returning value to shareholders and completing three quarters of our $1.0 billion share repurchase program Achieved major milestone in bid to build world's largest nuclear-powered hydrogen production fa

 Earnings Release Highlights GAAP Net Income of $833 million and Adjusted EBITDA (non-GAAP) of $1,031 million for the second quarter of 2023 Raising guidance range for full year 2023 Adjusted EBITDA (non-GAAP) to $3,300 million to $3,700 million Delivering on our commitment to shareholders – announced acquisition of NRG's 44% stake in South Texas Project Electric Generating Station (STP); commenced project to repower our Criterion wind facility; and repurchased over $250 million of shares in the second quarter, now having completed half of our $1.0 billion share repurchase program Moody's raised outlook on credit ratings from stable to positive, reflecting continued strength in

Earnings Release Highlights GAAP Net Income of $96 million and Adjusted EBITDA (non-GAAP) of $658 million for the first quarter of 2023 Expect to be comfortably in the top half of our guidance range for full year Adjusted EBITDA (non-GAAP) from $2,900 million - $3,300 million Delivering on our commitment to shareholders – commenced $1 billion share repurchase program repurchasing approximately $250 million in the first quarter, equivalent to approximately 3.2 million shares, and paid first quarter dividend per share of $0.2820, double that of prior quarter Began producing hydrogen at Nine Mile Point, demonstrating the value of producing hydrogen with carbon-free nuclear energy t

Earnings Release Highlights GAAP Net Income of $34 million and Adjusted EBITDA (non-GAAP) of $605 million for the fourth quarter of 2022. GAAP Net Loss of ($160) million and Adjusted EBITDA (non-GAAP) of $2,667 million for the full year 2022. Introducing 2023 Adjusted EBITDA (non-GAAP) guidance range of $2,900 million to $3,300 million Announcing initial capital allocation strategy focused on supporting and growing our business and returning capital to shareholders. It includes $1.5 billion in organic growth capital that will exceed our double-digit return threshold, doubling the per share dividend from the 2022 level and targeting growth at 10% thereafter, and authorizing $1 billion

GAAP Net Loss of ($188) million and Adjusted EBITDA (non-GAAP) of $592 million for the third quarter of 2022 Narrowing guidance range for full year 2022 Adjusted EBITDA (non-GAAP) from $2,350 million - $2,750 million to $2,450 million - $2,650 million Inflation Reduction Act signed into law, a recognition from Federal policymakers of the importance of nuclear energy in fighting the climate crisis Our issuer credit rating upgraded by Standard & Poor's (S&P) from BBB- to BBB while maintaining positive outlook, reflecting view that the business risk profile has and will continue to improve Notified the Nuclear Regulatory Commission (NRC) of our intent to seek license renewals for our

Earnings Release Highlights GAAP Net Loss of ($111) million and Adjusted EBITDA (non-GAAP) of $603 million for the second quarter of 2022 Reaffirming guidance range for full year 2022 Adjusted EBITDA (non-GAAP) from $2,350M - $2,750M Landmark climate legislation under consideration in Congress Announced agreements with Bank of America and PNC Bank to procure carbon-free energy and RECs to reduce their carbon footprints through Constellation's CORe retail power product Constellation Energy Corporation (NASDAQ:CEG) today reported its financial results for the second quarter of 2022. "The landmark climate legislation currently under consideration in Congress is a clear affirmation o

Earnings Release Highlights GAAP Net Income of $106 million and Adjusted EBITDA (non-GAAP) of $866 million for the first quarter of 2022 Reaffirming guidance range for full year 2022 Adjusted EBITDA (non-GAAP) from $2,350 million - $2,750 million Completed separation from Exelon Corporation and launched as a standalone, publicly traded company on Feb. 1, 2022 Executed on nearly $2.5 billion in planned debt reduction through May 12, 2022, including over $1 billion in long-term debt, a $258 million intercompany loan due to Exelon Corporation, and nearly $1.2 billion in term loans Announced sustainability partnership with Microsoft on the development of a 24/7/365 real-time carbon-fr