CEG Earnings Prediction
The chart below shows how CEG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CEG sees a -4.08% change in stock price 10 days leading up to the earnings, and a +4.82% change 10 days following the report. On the earnings day itself, the stock moves by +2.35%. This data can give you a slight idea of what to expect for the next quarter's release.
CEG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
6.55B
7.18%
19.63%
Gross Margin
48.32%
19.16%
-8.36%
Operating Margin
22.37%
39.90%
11.35%
Net Margin
18.26%
61.74%
23.55%
EPS
3.82
69.03%
48.06%
No Data Available
CEG Earnings Analysis
Constellation Energy Corporation Common Stock Corporation (CEG.O) Earnings Conference Call
Positive
Earnings Per Share Increase: In the third quarter, the company reported GAAP earnings of $3.82 per share and adjusted operating earnings of $2.74 per share, which was $0.61 higher than last year.
Operating Earnings Guidance Update: The updated mid-point for fully year adjusted operating earnings guidance increased from $8 per share to $8.20, with a range of $8.00 to $8.40.
Strong Q3 Performance: The company delivered a strong third quarter that is contributing to an improved outlook for the year.
Gross Margin Optimization Success: The commercial team has continued strong performance, resulting in an increase in enhanced gross margin by $275 million compared to plan through the optimization of our portfolio.
Nuclear Energy Demand Surge: The company is seeing a wave of interest from customers in new nuclear energy generation opportunities, indicating a strong demand for clean and reliable energy.
Negative
Earnings Decline Alert: Earnings per share decreased to $3.82, which is lower than expected, indicating a decline in profitability.
Earnings Decline Reported: Adjusted operating earnings were reported at $2.74 per share, which is a significant drop compared to previous quarters.
Power Price Challenges: The company faced challenges with power prices, which were materially below the outlook at the start of the year, affecting revenue projections.
Decline in Customer Demand: There was a noted decline in customer demand for natural gas, leading to lower revenue expectations for the upcoming quarters.
Share Repurchase Inactivity: The company did not repurchase any shares during the quarter, indicating a lack of confidence in the current market conditions.
CEG FAQs
How does CEG typically perform around its earnings report dates?
Is Constellation Energy Corporation (CEG) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CEG Earning Call Sentiment
Constellation Energy Corporation (CEG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CEG.O
2.63%Positive
The earnings call summary shows strong financial performance with raised earnings guidance, increased gross margin, and significant nuclear generation. Positive shareholder actions like authorized share buybacks add value. The Q&A section highlighted management's focus on speed to market and robust transmission capabilities, although some responses were vague. Adjusting for strong earnings and optimistic guidance, the overall sentiment is positive, likely leading to a stock price increase of 2% to 8%.
