Constellation Energy Corporation Common Stock (CEG) earnings date & stock reaction
CEG · Constellation Energy Corporation Common Stock · Utilities
Constellation Energy Corporation Common Stock earnings date & time
Schedule
- Korea time (KST)
- Mon, November 9
- Reporting pattern
- 12 of last 12 before open
- Typical move
- ±5.9% · 12-report avg
What the market expects
Consensus EPS
$3.79Coming in above this counts as a beat
- Year-ago quarter
- $3.04→+24.7%
- Guided EPS
- $12.00
“We are raising our full-year adjusted operating earnings guidance range to $11.50-$12.50 per share, up from our prior range of $11-$12 per share.”
“After a successful quarter in signing deals, we have now contracted roughly 30% of our clean baseload output under long-term agreements.”
- ▲Raised full-year earnings guidance
- The company raised its full-year adjusted operating earnings guidance to $11.50–$12.50 per share, reflecting strong commercial execution.
- The midpoint of the guidance is now $12.00, which was previously the top end of the range.
- ▲Expansion of long-term nuclear PPAs
- Constellation signed an additional 920 MW of long-term power purchase agreements during the quarter.
- These 15-20 year contracts have brought the total contracted clean baseload output to approximately 30%.
- ▲Disciplined capital allocation
- The company has deployed approximately $2.2 billion toward share repurchases year-to-date.
- There remains $2.8 billion in authorization available for future opportunistic share buybacks.
- ▼Decline in nuclear generation and capacity factor
- Nuclear generation output fell to 44,160 GWh, compared to 45,170 GWh in the same quarter last year.
- The nuclear capacity factor decreased to 93.0% from 94.8% in the second quarter of 2025.
- ▼Lower ZEC revenue and increased outage days
- Illinois ZEC revenue recognition was $85 million this quarter, down from $200 million in the prior year due to timing.
- Planned refueling outage days increased to 86 days from 41 days in the second quarter of 2025.
Constellation Energy Corporation Common Stock (CEG) rose the day after earnings in 8 of its last 12 reports (67%), moving ±5.9% on average. It has fallen despite beating the consensus estimate 4 times.
Even when EPS beat expectations, the stock fell 4 of the last 8 times. The number alone doesn't move it.
When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.
The real bar for this stock
Beating estimates isn't enough. Here's where the real surprise started.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
4/8 beats fell next day · watches Power contracts · price
- Jun 2026 report-1.5%
- Mar 2026 report-1.3%
- Dec 2025 report+6.4%
- Sep 2025 report+2.0%
- Jun 2025 report-0.6%
- Mar 2025 report+10.3%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 6/2026 | 2026-08-06 | +11.7% | -1.5% | +5.1% |
| 3/2026 | 2026-05-11 | +5.3% | -1.3% | -11.9% |
| 12/2025 | 2026-02-24 | +2.4% | +6.4% | +11.3% |
| 9/2025 | 2025-11-07 | -2.6% | +2.0% | -4.4% |
| 6/2025 | 2025-08-07 | +4.2% | -0.6% | -3.2% |
| 3/2025 | 2025-05-06 | -3.1% | +10.3% | +14.9% |
12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next Constellation Energy Corporation Common Stock earnings date?
The next Constellation Energy Corporation Common Stock (CEG) earnings report is expected Mon, November 9 around 8:00 AM ET, before the open. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
What is the consensus EPS forecast for Constellation Energy Corporation Common Stock's next earnings?
Analysts expect EPS of about $3.79 for Constellation Energy Corporation Common Stock (CEG). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.
Does Constellation Energy Corporation Common Stock (CEG) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 8 of them (67%). The average move on earnings day was ±5.9%.
Does Constellation Energy Corporation Common Stock react more to the earnings numbers or to guidance?
In 8 of the last 12 reports (67%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can Constellation Energy Corporation Common Stock stock fall even when earnings are good?
Yes. In 4 of the last 12 reports, Constellation Energy Corporation Common Stock fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does Constellation Energy Corporation Common Stock stock keep moving after the earnings day?
Over the last 12 reports, the move continued in the same direction for the following five trading days 58% of the time. This tendency is known as post-earnings announcement drift.