Core Insights - The energy company exceeded quarterly revenue expectations but did not meet adjusted earnings forecasts [1] Revenue Performance - The company reported quarterly revenue that surpassed market expectations, indicating strong sales performance [1] Earnings Analysis - Despite the revenue beat, the company's adjusted earnings fell short of forecasts, suggesting potential challenges in cost management or operational efficiency [1]

Exhibit 99.1 News Release Contact: Linsey Wisniewski Corporate Communications 667-218-7700 Emily Duncan Investor Relations 833-447-2783 CONSTELLATION REPORTS THIRD QUARTER 2025 RESULTS Earnings Release Highlights Baltimore (Nov 7, 2025) — Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the third quarter of 2025. "We achieved one of the highest operating quarters for our nuclear fleet and advanced major milestones like our historic settlement with Maryland for continue ...

BALTIMORE--(BUSINESS WIRE)--Constellation Energy Corporation (Nasdaq: CEG) today reported its financial results for the third quarter of 2025. ...

Core Viewpoint - Constellation Energy Group (NASDAQ: CEG) is positioned to report strong earnings driven by demand for clean energy, despite a projected revenue decline due to challenges in nuclear assets and renewable expansion [2][6]. Financial Performance - The company is expected to report earnings per share (EPS) of $3.04, reflecting a year-over-year increase of 10.95% [2][6]. - Revenue is projected to decline by 6.53%, amounting to approximately $6.55 billion [2][6]. Historical Performance - CEG has shown resilience, exceeding the Zacks Consensus Estimate in three of the last four quarters, with an average earnings surprise of 4% [3]. Market Valuation - The company has a price-to-earnings (P/E) ratio of 36.66, indicating how the market values its earnings [4][6]. - The price-to-sales ratio stands at 4.42, reflecting the market's valuation of its revenue [4][6]. - The enterprise value to sales ratio is 4.67, showing the company's total value compared to its sales [4]. Financial Health - CEG has a debt-to-equity ratio of 0.62, indicating moderate debt levels [5][6]. - The current ratio is 1.48, demonstrating good liquidity to cover short-term liabilities [5][6].

Core Insights - Constellation Energy Corporation (CEG) is set to report its third-quarter 2025 earnings on November 7, with revenue expectations of $6.12 billion, reflecting a 6.53% decline year-over-year, while earnings per share are projected at $3.04, indicating a 10.95% growth compared to the previous year [1] Earnings Performance - CEG has surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average earnings surprise of 4.13% [2] - The earnings surprise history shows reported earnings of $1.91, $2.14, $2.44, and $2.74 for the last four quarters, with an average surprise of 4.13% [3] Earnings Prediction Model - The current Earnings ESP for CEG is 0.00%, indicating that the model does not predict an earnings beat this time [4] Factors Influencing Q3 Performance - Strong demand from commercial customers and an expanding customer base are expected to positively impact Q3 earnings, projected to rise by 10.95% year-over-year, despite a revenue decline [5][8] - CEG's robust nuclear infrastructure is likely to support increased demand from data centers, contributing positively to revenues and earnings [8] - The ongoing expansion of CEG's renewable energy portfolio is expected to foster long-term earnings growth and positively influence Q3 results [9] Shareholder Value and Stock Performance - Ongoing share repurchases are anticipated to enhance shareholder value and positively impact earnings due to a lower number of shares outstanding [10] - CEG's stock has returned 45.6% over the past six months, outperforming the industry growth of 29.6% [13] - The stock is currently trading at a premium, with a forward 12-month price-to-earnings ratio of 31.71X compared to the industry average of 23.36X [15] Strategic Investments - CEG's investments in customer-focused energy solutions, including carbon-free and renewable energy certifications, are expected to generate favorable returns and enhance stakeholder value [17] - The company is well-positioned to capture growing demand and strengthen revenue streams through its extensive carbon-free generation fleet and comprehensive energy supply services [18] Summary - Given the solid earnings growth expectations for Q3 and stable price performance, existing investors may consider holding onto CEG stock [19]

Company Overview - Constellation Energy Corporation (CEG) has a market capitalization of $113.5 billion and focuses on electricity generation and sales, providing natural gas, renewable energy, and other energy-related products across various U.S. regions [1] Stock Performance - CEG shares have significantly outperformed the broader market over the past 52 weeks, surging 53.6% compared to the S&P 500 Index's 17.5% increase [2] - Year-to-date, CEG shares are up 61.4%, while the S&P 500 has gained 15.6% [2] - CEG has also outpaced the Utilities Select Sector SPDR Fund's (XLU) return of 14.5% over the same period [3] Financial Performance - In Q2 2025, Constellation Energy reported an adjusted EPS of $1.91 and revenues of $6.1 billion, although shares fell slightly due to rising operating expenses, which increased by 17.7% to $5.15 billion year-over-year [4] - There was a slight decline in nuclear generation output, dropping to 45,170 GWh from 45,314 GWh, attributed to higher non-refueling outage days [4] Future Earnings Expectations - For the fiscal year ending December 2025, analysts project CEG's adjusted EPS to grow by 8.5% year-over-year to $9.41 [5] - CEG has a promising earnings surprise history, having beaten or met consensus estimates in the last four quarters [5] Analyst Ratings - Among 17 analysts covering CEG, the consensus rating is a "Moderate Buy," consisting of 11 "Strong Buy" ratings, one "Moderate Buy," and five "Holds" [5] - The configuration of ratings has become more bullish compared to three months ago, with eight "Strong Buy" ratings [6] Price Targets - On October 20, JPMorgan raised its price target on Constellation Energy to $422 while maintaining an "Overweight" rating [7] - The mean price target of $398.19 represents a premium of 10.4% to CEG's current levels, while the highest price target of $478 implies a potential upside of 32.5% from current prices [7]

Core Insights - Constellation Energy's shares increased by 14.6% in October, driven by enthusiasm for AI-related power demand and its upcoming $16.4 billion acquisition of Calpine [1][8] - The company reached a significant agreement with Maryland to invest $340 million in environmental remediation, facilitating long-term relicensing of its geothermal power output [3] - The Trump administration's push to expedite FERC reviews for data center grid connections is expected to enhance growth prospects for the power generation sector, particularly benefiting Constellation [4][5] Company Developments - Constellation is set to report its third-quarter earnings, which will provide insights into its growth prospects, including a proposal to invest in up to 5,800 MW of new clean power in Maryland [7] - Analysts at Wells Fargo have identified Constellation as a top pick among independent power producers, indicating a structural change in the utility sector driven by non-cyclical growth [6] Industry Trends - The power generation and utility industry is experiencing a shift towards growth, previously characterized by stability and low growth, now gaining favor among growth investors due to increased power demand from AI developments [5][6]

Earnings Reports Overview - A busy earnings week begins on Wednesday with notable companies such as Novo Nordisk A/S and McDonald's Corporation reporting pre-market [1] - Technology and semiconductor companies including Applovin Corporation, QUALCOMM Incorporated, and Arm Holdings plc are scheduled to report after market close on the same day [1] - Thursday will feature earnings from AstraZeneca PLC and ConocoPhillips pre-market, while Friday will highlight reports from Constellation Energy Corporation, KKR & Co. Inc., and Enbridge Inc, focusing on utilities and financial sectors [1] - The following Monday and Tuesday are expected to have fewer major market movers, indicating a potential slowdown in earnings announcements [1]

Core Insights - Constellation proposes to invest in up to 5,800 megawatts of power generation and battery storage projects in Maryland to meet rising electricity demand and lower utility bills [1][2][3] Group 1: Investment Plans - The proposal includes both near- and long-term projects aimed at enhancing grid reliability and supporting economic growth [1][2] - Constellation has submitted battery storage and gas generation proposals to the Maryland Public Service Commission, which could cover over 5% of the state's peak load and increase total power generation capacity by about 10% [2][3] - The company has already invested over $1 billion in Maryland's wind, hydro, and nuclear energy resources [3] Group 2: Energy Sources and Technologies - The investment plan includes options for new natural gas, battery storage, and nuclear energy, with a focus on clean and lower-carbon energy resources [1][3][7] - Constellation aims to increase the share of energy from clean resources in Maryland from just over 50% today to about 70% once all projects are operational [7] - The company plans to explore building new nuclear power plants and extending the life of existing facilities, including the Calvert Cliffs Clean Energy Center [4][7][10] Group 3: Economic Impact and Community Engagement - The proposed investments are expected to be made without seeking electricity rate increases, emphasizing a competitive approach to energy provision [3][6] - Constellation is committed to working with state leaders and stakeholders to ensure that the energy solutions align with community needs and preferences [3][5] - The company plans to implement demand response programs using AI to create a 1,000 megawatt "virtual power plant," which would help manage peak demand and lower overall costs [8][12]

Core Insights - Constellation Energy Corporation (NASDAQ:CEG) is highlighted as one of the best performers of the year, particularly noted for its clean nuclear energy generation [1] - The company is involved in producing and supplying electricity, natural gas, and sustainable energy solutions through various assets including nuclear, wind, solar, natural gas, and hydro [1] - Despite the positive outlook, there are concerns about the stock being overvalued at its current price, leading to caution in recommending further purchases [1] Company Overview - Constellation Energy generates power through a diverse range of energy sources, emphasizing its commitment to sustainable energy solutions [1] - The company has shown significant financial performance, contributing to its recognition as a strong investment option [1] Market Context - The discussion around Constellation Energy comes amid a broader analysis of investment opportunities, with some analysts suggesting that certain AI stocks may present better upside potential with less downside risk [1]