Constellation Energy (CEG) Q1 Earnings Beat Estimates, Sales Lag

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 ...