Which renewable energy stocks to buy has been a wild ride for investors over the last few years. Back in 2021, these stocks surged to irrational valuations. This was due in part to exuberant investing in other sectors like electric vehicles. Since then, renewable energy stocks have largely been beaten up. Why? The stock valuations got ahead of themselves and growth was slower than first imagined. We’ve also seen a clear rotation to growth sectors like semiconductors and AI. But now, the markets are coming b ...

Constellation Energy Corporation (CEG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +16.7%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Alternative Energy - Other industry, which Constellation Energy Corporation falls in, has gained 11.7%. The key question now is: What could be ...

Constellation Energy Corporation (NASDAQ:CEG) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Emily Duncan Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures. Th ...

Constellation Energy Corporation (CEG) reported first-quarter 2024 earnings of $1.82 per share, which surpassed the Zacks Consensus Estimate of $1.64 per share by 11%. In the year-ago quarter, the company recorded earnings of 78 cents per share.Total RevenuesConstellation Energy’s revenues totaled $6.2 billion, which missed the Zacks Consensus Estimate of $8.4 billion by 26.7%. The top line also declined 18.4% from the year-ago quarter’s figure of $7.6 billion.Highlights of the ReleaseTotal operating expens ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ConstellationEnergyCorporation ConstellationEnergyGeneration,LLC Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ý No ¨ Indicate by check mark whether the registrant ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.98%. A quarter ago, it was expected that this company would post earnings of $1.70 per share when it actually produced a loss of $0.11, delivering a surprise of -106.47%.Over the last four quarte ...

Exhibit 99.1 News Release • GAAP Net Income of $2.78 per share and Adjusted (non-GAAP) Operating Earnings of $1.82 per share for the first quarter of 2024 • Affirming full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $7.23 - $8.03 per share • Delivering on our commitment to shareholders: ◦ In April 2024, authorized an additional $1 billion of authority to repurchase shares under our previously announced share repurchase program ◦ Deployed more than $500 million for the repurchase of sh ...

Constellation Energy Corporation (CEG) is scheduled to release first-quarter 2024 results on May 9. This utility reported a negative earnings surprise of 106.5% in the last reported quarter.The Zacks Consensus Estimate for earnings is pegged at $1.99 per share on revenues of $8.4 billion. The top and bottom-line estimates suggest increases of 11.1% and 586.2%, respectively, from those reported a year ago.Per our proven model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Bu ...

The artificial intelligence frenzy may be just getting started.AI has been the buzzword over the last year as companies race to leverage the power of new technologies. Big tech remains at the forefront of the movement; chipmakers, software companies, and cloud computing giants are garnering more revenues amid the emergence of generative AI.But the artificial intelligence hype reaches far beyond big tech.The secret winners of the AI boom?The companies that will power it. Literally.Utilities are expected to w ...

Constellation Energy Corporation (CEG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +1.5% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Alternative Energy - Other industry, to which Constellation Energy Corporation belongs, has gained 13.6% over this period. Now the key question is: Where coul ...