Constellation Energy Group, Inc. (CEG) Tops Q2 EPS by 171c; raises guidance

Constellation Energy Group, Inc. (NASDAQ: CEG) reported Q2 EPS of $2.56, $1.71 better than the analyst estimate of $0.85. Revenue for the quarter came in at $5.45 billion versus the consensus estimate of $4.55 billion.

As a result of this strong performance, we are raising our adjusted EBITDA guidance range to $3.3 billion to $3.7 billion from $2.9 billion to $3.3 billion, which raises the midpoint by $400 million.

For earnings history and earnings-related data on Constellation Energy Group, Inc. (CEG) click here.

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