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Constellation Energy's Q1 Earnings Ahead: Buy, Hold or Sell the Stock?
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Key Takeaways
CEG reports Q1 2026 earnings on May 11; revenues seen at $8.21B (up 20.92% Y/Y) and EPS at $2.56.
CEG may benefit from data-center demand, supported by its efficient nuclear fleet and diverse mix.
CEG's long-term power deals with tech firms, plus share repurchases, may have supported Q1 results.
Constellation Energy Corporation (CEG - Free Report) is expected to report its first-quarter 2026 results on May 11, 2026.
The Zacks Consensus Estimate for revenues is pinned at $8.21 billion, indicating an increase of 20.92% from the year-ago reported figure.
Image Source: Zacks Investment Research
The consensus mark for earnings is pegged at $2.56 per share, indicating a year-over-year growth of 19.63%. The bottom-line estimate has gone up 1.19% over the past 60 days.
Image Source: Zacks Investment Research
CEG’s Earnings Surprise History
Constellation Energy’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missed one and met in the remaining one, delivering an average surprise of 1.51%.
Image Source: Zacks Investment Research
What Our Quantitative Model Predicts
Our proven model predicts a likely earnings beat for Constellation Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here as you will see below.
Constellation Energy Corporation Price and EPS Surprise
Earnings ESP: The company’s Earnings ESP is +2.24%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Some other stocks from the same sector that have the combination of factors indicating an earnings beat are Evolution Petroleum (EPM - Free Report) , Nextracker Inc. (NXT - Free Report) and Pedevco (PED - Free Report) . EPM has a Zacks Rank #3, while NXT and PED carry a Zacks Rank #2 at present. EPM, NXT and PED currently have an Earnings ESP of +50.00%, +0.19% and +23.58%, respectively.
Factors Likely to Have Impacted CEG’s Q1 Performance
Constellation Energy’s first-quarter earnings are expected to have benefited from rising demand from data centers, supported by its highly efficient nuclear fleet and diversified generation portfolio.
Constellation Energy has continued to expand its renewable energy portfolio beyond nuclear power, further diversifying its generation mix to drive long-term earnings growth. Supported by a strong nuclear foundation and growing investments in renewables, the company remains well-positioned in an increasingly sustainability-focused energy market, with these efforts expected to have contributed positively to first-quarter results.
The company continues to benefit from securing long-term power purchase agreements with major technology firms, ensuring a stable revenue stream. This is expected to have supported bottom-line growth in the first quarter.
The company’s ongoing share repurchase program is expected to have enhanced shareholder value and might have supported first-quarter earnings by reducing shares outstanding at period end.
CEG Stock’s Price Performance
In the past month, the stock has gained 11.1% compared with the industry’s growth of 9.5%.
Image Source: Zacks Investment Research
CEG Stock Trading at a Premium
Constellation Energy is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 25.2X compared with the industry average of 22.64X.
Image Source: Zacks Investment Research
Investment Consideration for CEG
With its extensive carbon-free generation fleet and integrated energy supply and risk management services, Constellation Energy remains well-positioned to address rising demand across its service regions, support revenue growth and advance a more sustainable energy future.
CEG’s investments in customer-focused energy solutions, including carbon-free and renewable energy certifications, are expected to have delivered solid returns and enhanced stakeholder value while enabling customers to meet emissions goals and manage energy costs more effectively.
The company’s strategic investments and ongoing expansion of its renewable portfolio continue to support earnings growth, a momentum likely maintained in the first quarter.
Summing Up
Considering Constellation Energy’s solid earnings growth expectations for the first quarter and rising demand for reliable clean energy, existing investors may continue to hold on to this stock.
Given CEG’s premium valuation, prospective investors should approach the stock cautiously.
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Constellation Energy's Q1 Earnings Ahead: Buy, Hold or Sell the Stock?
Key Takeaways
Constellation Energy Corporation (CEG - Free Report) is expected to report its first-quarter 2026 results on May 11, 2026.
The Zacks Consensus Estimate for revenues is pinned at $8.21 billion, indicating an increase of 20.92% from the year-ago reported figure.
Image Source: Zacks Investment Research
The consensus mark for earnings is pegged at $2.56 per share, indicating a year-over-year growth of 19.63%. The bottom-line estimate has gone up 1.19% over the past 60 days.
Image Source: Zacks Investment Research
CEG’s Earnings Surprise History
Constellation Energy’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missed one and met in the remaining one, delivering an average surprise of 1.51%.
Image Source: Zacks Investment Research
What Our Quantitative Model Predicts
Our proven model predicts a likely earnings beat for Constellation Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here as you will see below.
Constellation Energy Corporation Price and EPS Surprise
Constellation Energy Corporation price-eps-surprise | Constellation Energy Corporation Quote
Earnings ESP: The company’s Earnings ESP is +2.24%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, Constellation Energy carries a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.
Other Stocks Worth a Look
Some other stocks from the same sector that have the combination of factors indicating an earnings beat are Evolution Petroleum (EPM - Free Report) , Nextracker Inc. (NXT - Free Report) and Pedevco (PED - Free Report) . EPM has a Zacks Rank #3, while NXT and PED carry a Zacks Rank #2 at present. EPM, NXT and PED currently have an Earnings ESP of +50.00%, +0.19% and +23.58%, respectively.
Factors Likely to Have Impacted CEG’s Q1 Performance
Constellation Energy’s first-quarter earnings are expected to have benefited from rising demand from data centers, supported by its highly efficient nuclear fleet and diversified generation portfolio.
Constellation Energy has continued to expand its renewable energy portfolio beyond nuclear power, further diversifying its generation mix to drive long-term earnings growth. Supported by a strong nuclear foundation and growing investments in renewables, the company remains well-positioned in an increasingly sustainability-focused energy market, with these efforts expected to have contributed positively to first-quarter results.
The company continues to benefit from securing long-term power purchase agreements with major technology firms, ensuring a stable revenue stream. This is expected to have supported bottom-line growth in the first quarter.
The company’s ongoing share repurchase program is expected to have enhanced shareholder value and might have supported first-quarter earnings by reducing shares outstanding at period end.
CEG Stock’s Price Performance
In the past month, the stock has gained 11.1% compared with the industry’s growth of 9.5%.
Image Source: Zacks Investment Research
CEG Stock Trading at a Premium
Constellation Energy is trading at a premium relative to the industry, with a forward 12-month price-to-earnings of 25.2X compared with the industry average of 22.64X.
Image Source: Zacks Investment Research
Investment Consideration for CEG
With its extensive carbon-free generation fleet and integrated energy supply and risk management services, Constellation Energy remains well-positioned to address rising demand across its service regions, support revenue growth and advance a more sustainable energy future.
CEG’s investments in customer-focused energy solutions, including carbon-free and renewable energy certifications, are expected to have delivered solid returns and enhanced stakeholder value while enabling customers to meet emissions goals and manage energy costs more effectively.
The company’s strategic investments and ongoing expansion of its renewable portfolio continue to support earnings growth, a momentum likely maintained in the first quarter.
Summing Up
Considering Constellation Energy’s solid earnings growth expectations for the first quarter and rising demand for reliable clean energy, existing investors may continue to hold on to this stock.
Given CEG’s premium valuation, prospective investors should approach the stock cautiously.