Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.
Zacks.com users have recently been watching Constellation Energy Corporation (CEG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Speculative green energy stocks could come back into vogue this year. Many countries around the world are far behind their carbon emissions targets, and the urgency to address the climate crisis may energize investment in these companies.
Constellation Energy Corporation (NASDAQ:CEG ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Emily Duncan - Senior Vice President, Investor Relations and Strategic Growth Joseph Dominguez - President and Chief Executive Officer Daniel Eggers - Executive Vice President and Chief Financial Officer James McHugh - Chief Commercial Officer Conference Call Participants David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Operator Good day, ladies and gentlemen, and welcome to the Constellation Energy Corporation First Quarter Earnings Call. At this time, all participants are in a listen-only mode.
Constellation Energy's (CEG) first-quarter 2024 earnings increase year over year, while revenues decline. Total operating expenses decrease during the same period.
Constellation Energy Corporation (CEG) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $0.29 per share a year ago.
Constellation Energy Corporation (CEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BALTIMORE--(BUSINESS WIRE)--The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.3525 per share on Constellation's common stock. The dividend is payable on June 10, 2024, to shareholders of record as of 5 p.m. Eastern time on May 29, 2024. About Constellation A Fortune 200 company headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation's largest producer of clean, carbon-free energy and a leading supplier o.