Constellation Energy Q3 Earnings Lag Estimates, Revenues Rise Y/Y

Constellation Energy Corporation CEG reported third-quarter 2025 earnings of $3.04 per share, which lagged the Zacks Consensus Estimate of $3.13 by 2.89%. The bottom line increased 10.9% from the year-ago quarter’s figure of $2.74.CEG’s Total RevenuesRevenues totaled $6.57 billion, which beat the Zacks Consensus Estimate of $6.12 billion by 7.3%. The top line also increased 0.3% from the year-ago figure of $6.55 billion.Constellation Energy Corporation Price, Consensus and EPS Surprise Constellation Energy Corporation price-consensus-eps-surprise-chart | Constellation Energy Corporation QuoteHighlights of CEG’s Q3 ReleaseTotal operating expenses were $5.48 billion, up 7.8% from $5.1 billion in the year-ago period.Operating income totaled $1.08 billion compared with $1.47 billion in the year-ago quarter.Net interest expenses decreased 8.8% to $134 million from $147 million in the year-ago period.Constellation Energy’s owned output from the Salem and South Texas Project Generating Stations produced 46,477 gigawatt-hours (GWhs) in the third quarter of 2025, compared with 45,510 GWhs in the third quarter of 2024.Renewable energy capture for the company’s wind, solar and run-of-river hydro fleet was 96.8% compared with 96% in the third quarter of 2024.During the quarter, the company entered into a settlement with Maryland Department of the Environment for the continued operation of the Conowingo dam. This will allow the company to operate its Conowingo hydroelectric facility.CEG’s Financial PositionAs of Sept. 30, 2025, Constellation Energy had cash and cash equivalents of $3.96 billion compared with $3.02 billion as of Dec. 31, 2024.The company had a long-term debt of $7.27 billion as of Sept. 30, 2025, compared with $7.38 billion as of Dec. 31, 2024.Cash provided in operating activities in the first nine months of 2025 amounted to $3.43 billion against $1.45 billion cash used in the year-ago period.Total capital expenditures in the first nine months of 2025 were $1.96 billion compared with $1.83 billion a year ago.CEG’s GuidanceConstellation Energy narrowed its full-year 2025 adjusted operating earnings guidance to $9.05-$9.45 from the previous range of $8.90-$9.60 per share. The Zacks Consensus Estimate for the same is pegged at $9.44 per share, which is higher than the midpoint of the guided range.CEG’s Zacks RankCurrently, Constellation Energy has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Other Releases From the SectorDevon Energy Corp. DVN reported third-quarter 2025 earnings per share (EPS) of $1.04, beating the Zacks Consensus Estimate of 93 cents by 11.8%. DVN’s long-term (three-to-five years) earnings growth rate is currently pinned at 3.28%. The Zacks Consensus Estimate for 2025 EPS is pegged at $3.93, indicating a year-over-year decline of 18.46%.TotalEnergies SE TTE reported third-quarter 2025 operating earnings of $1.77 (€1.50) per share, which missed the Zacks Consensus Estimate of $1.81 by 2.2%.TTE’s long-term (three-to-five years) earnings growth rate is currently pinned at 5.89%. The Zacks Consensus Estimate for 2025 EPS is pegged at $7.06, indicating a year-over-year decline of 9.14%.Chevron Corporation CVX reported adjusted third-quarter earnings per share of $1.85, beating the Zacks Consensus Estimate of $1.66.CVX’s long-term earnings growth rate is currently pinned at 4.91%. The Zacks Consensus Estimate for 2025 EPS is pegged at $7.29, indicating a year-over-year decline of 27.46%. Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Devon Energy Corporation (DVN): Free Stock Analysis Report Chevron Corporation (CVX): Free Stock Analysis Report Constellation Energy Corporation (CEG): Free Stock Analysis Report TotalEnergies SE Sponsored ADR (TTE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks