stellation Energy (CEG)
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Is Trending Stock Constellation Energy Corporation (CEG) a Buy Now?
ZACKS· 2024-11-08 15:05
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 -7.9%, compared to the Zacks S&P 500 composite's +4.9% change. During this period, the Zacks Alternative Energy - Other industry, which Constellation Energy Corporation falls in, has gained 6.3%. The key question now is: What could be t ...
With 2024 Almost Over, These Are the 5 Top-Performing Stocks in the S&P 500
The Motley Fool· 2024-11-06 01:00
All five stocks have delivered triple-digit returns in 2024.The S&P 500 (^GSPC 1.23%) is up 20% through Nov. 1. But within the index, these five stocks have produced even higher returns with each one more than doubling this year. 1. VistraVistra (VST 5.32%) stock is up 210%. The company sells electricity and also produces power (including nuclear) and renewable fuels.The gains have partly been driven by the growing need for electricity, particularly among technology companies with large data centers, like M ...
Cerro Grande Mining Corporation Announces Board Resignation
GlobeNewswire News Room· 2024-11-05 22:05
TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) announces that, after many years of service, Mario Hernandez, has decided to resign from the Board of Directors and in all other capacities with CEG. Mr. Hernandez has served on the Board since 1997 and provided much support, knowledge and advice to the Company over the years. The Board wishes Mr. Hernandez all the best and thanks him for his long and dedicated service to the Company. For further ...
stellation Energy (CEG) - 2024 Q3 - Earnings Call Transcript
2024-11-04 19:03
Constellation Energy Corporation (NASDAQ:CEG) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Emily Duncan - Senior Vice President of Investor Relations and Strategic Growth Joseph Dominguez - President & Chief Executive Officer Daniel Eggers - Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Securities Shar Pourreza - Guggenheim Partners Steve Fleishman - Wolfe Research David Arcaro - Morgan Stanley Nick Campanella - Barclays Durgesh Chopra - E ...
Crude Oil Gains 3%; Constellation Energy Shares Tumble After Q3 Results
Benzinga· 2024-11-04 18:06
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Monday.The Dow traded down 0.48% to 41,849.82 while the NASDAQ fell 0.10% to 18,220.82. The S&P 500 also fell, dropping, 0.17% to 5,719.28.Check This Out: Top 2 Real Estate Stocks You May Want To Dump This QuarterLeading and Lagging SectorsEnergy shares rose by 1.5% on Friday.In trading on Friday, utilities shares fell by 1.3%.Top HeadlineConstellation Energy Corporation CEG shares dipped over 10% on Mo ...
Why Constellation Energy Stock Crashed 11% After Earnings
The Motley Fool· 2024-11-04 16:52
The biggest argument in favor of Constellation Energy stock just became a liability.Electric utility stock Constellation Energy (CEG -10.85%) tumbled 10% through 10:35 a.m. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning.Wall Street anticipated Constellation would earn $2.64 per share, adjusted for one-time items, on sales of $5.7 billion. In fact, Constellation says it earned $2.74 per share, and sales exceeded $6.5 billion.Constellation Energy Q3 sales and earni ...
stellation Energy (CEG) - 2024 Q3 - Quarterly Report
2024-11-04 16:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File NumberName of Registrant; State or Other Jurisdiction of Incorporation; Address of Principal Executive Offices; and Telephone NumberIRS Employer Identification Number 001-41137 CON ...
Constellation Energy Stock Slips as Regulatory Decision Outweighs Earnings Beat
Investopedia· 2024-11-04 15:56
Key TakeawaysConstellation Energy and other nuclear stocks fell Monday as markets reacted to a new decision from regulators.A partnership between Amazon and Talen was rejected by regulators who said it could raise energy prices for customers in the surrounding area.Constellation also reported an earnings beat Monday, as the company will also likely face regulatory questions over its partnership with Microsoft. Shares of Constellation Energy (CEG) tumbled Monday morning despite an earnings beat as a recent r ...
Constellation Energy Corporation (CEG) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-11-04 14:01
Constellation Energy Corporation (CEG) came out with quarterly earnings of $2.74 per share, beating the Zacks Consensus Estimate of $2.72 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.74%. A quarter ago, it was expected that this company would post earnings of $1.43 per share when it actually produced earnings of $1.68, delivering a surprise of 17.48%.Over the last four quarter ...
stellation Energy (CEG) - 2024 Q3 - Quarterly Results
2024-11-04 11:54
Exhibit 99.1 News Release Contact: Paul Adams Corporate Communications 667-218-7700 Emily Duncan Investor Relations 833-447-2783 CONSTELLATION REPORTS THIRD QUARTER 2024 RESULTS Earnings Release Highlights • GAAP Net Income of $3.82 per share and Adjusted (non-GAAP) Operating Earnings of $2.74 per share for the third quarter of 2024 • Raising midpoint and narrowing full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range to $8.00 – $8.40 per share • Announced the signing of a 20-year power purch ...