Constellation Energy gains after first-quarter profit beat

Constellation Energy

11/05/2026 13:17

** Shares of U.S. power company Constellation Energy CEG.O rise 2% to $309.97 premarket

** Co beats Wall Street estimates for first-quarter profit helped by rising power demand and contributions from its recently acquired Calpine assets

** Posts adjusted profit of $2.74 per share for the reported quarter, compared to analysts' average estimates of $2.57 per share - data compiled by LSEG

** Total quarterly operating revenue came in at $11.12 billion, compared to $6.79 billion from a year ago

** As of last close, shares down 14% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))