Constellation Energy reported first quarter 2026 results that surpassed analyst expectations, with operating revenues of $11.12 billion and adjusted operating earnings of $2.74 per share. The company affirmed its full-year 2026 adjusted operating earnings guidance of $11.00 to $12.00 per share.
Key Highlights
- Adjusted (non-GAAP) operating earnings grew 28% year-over-year to $2.74 per share, up from $2.14 in the first quarter of 2025.
- Full-year 2026 adjusted operating earnings guidance was reaffirmed in the range of $11.00 to $12.00 per share.
- The company received approval for its net metering application to co-locate a 380 MW Cyrus One data center at its Freestone energy site in Texas.