Constellation Energy Q3 adjusted operating EPS jumps 66% to $5.06

By Public Technologies
  • Constellation Energy’s third-quarter 2026 adjusted operating earnings rose 66% year over year to $5.06 per share.
  • Favorable market and portfolio conditions and Calpine’s addition supported adjusted operating earnings, partly offset by unfavorable interest and nuclear PTC portfolio effects.
  • A Google power purchase agreement will enable more than $4.3 billion of nuclear investment, adding approximately 890 MW to the PJM grid.
  • The company agreed to acquire Rhode Island State Energy Center for $715 million, adding 609 MW of natural gas-fired generating capacity.
  • Strong quarterly performance allowed management to raise the midpoint of adjusted operating earnings guidance for the second time this year.


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