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Constellation Energy beats Q1 earnings estimates with $11.1B revenue amid rising US electricity demand

Company Fundamentals
11 May 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Constellation Energy reported Q1 2026 revenue of $11.122 billion, surpassing Wall Street's estimate of $8.721 billion, driven by strong US electricity demand and contributions from its Calpine acquisition. Adjusted earnings rose to $2.74 per share, beating the expected $2.57. The company’s nuclear fleet maintained solid performance, generating 44,666 gigawatt-hours. Constellation reaffirmed its full-year 2026 adjusted earnings guidance of $11.00 to $12.00 per share, supported by favorable market conditions and nuclear tax credits. Despite strong results, shares fell 3.23% to $293.81 at publication.

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