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Constellation Energy Outlook Ahead of Second-Quarter Results

Constellation Energy logoConstellation Energy
Sig1.85Sen+1.15Env+1.35Soc+0.55Gov0.00

Zacks Consensus calls for Constellation Energy revenues of $7.47 billion, up 22.41% year over year, with the company beating earnings in three of the past four quarters and averaging a 3.27% surprise. Despite signals pointing to an earnings beat, the forecast suggests it may not happen this time. Q2 results are expected to benefit from data-center electricity demand, supported by its nuclear fleet and growing renewables, with a lower net profit margin versus peers. Results are due Aug. 6.

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