Constellation Energy gains after raising annual profit forecast, Q2 beat

Constellation Energy

06/08/2026 12:10

** Shares of U.S. power company Constellation Energy CEG.O up 3.4% at $274 premarket
** Co raises full-year adjusted profit guidance range to  $11.50–$12.50 per share, from its prior view of $11-$12 per share
** CEG posts Q2 adjusted profit of $2.55 per share vs analysts estimate of $2.28 per share - LSEG data
** Co says it has agreed with LS Power to divest the Brazos Valley Energy Center, a 606 MW natural gas-fired plant in ERCOT  for $860 million
** Transaction expected to close by the end of this year
** As of last close, CEG down 24.9% YTD

 (Reporting by Sumit Saha in Bengaluru)
 ((Sumit.Saha@thomsonreuters.com;))