Constellation Energy (CEG) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Constellation Energy (CEG) last issued guidance on August 6, 2026 for fiscal year 2026. The company guided earnings per share in the range of $11.5 - $12.5, compared to a consensus EPS estimate of $11.72.
Compared to prior guidance, Constellation Energy raised its EPS outlook from a previous range of $11 - $12.
Constellation Energy has issued 11 guidance updates between February 27, 2024 and August 6, 2026. During this period, the company raised its outlook 5 times, reflecting management's growing confidence in business performance.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.37 | $2.60 | $2.23 | $3.09 |
| Actual | $2.55 | $2.74 | $2.30 | $3.04 |
| Surprise | +7.59% | +5.38% | +3.14% | -1.62% |
| Revenue | ||||
| Estimate | $7.95B | $8.61B | $5.56B | $6.38B |
| Actual | $7.50B | $11.12B | $6.07B | $6.57B |
| Surprise | -5.60% | +29.2% | +9.30% | +2.97% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $3.74 | $2.91 | $2.51 | $2.42 |
| Revenue | ||||
| Consensus | $9.38B | $8.03B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 6, 2026 | $2.55 | $2.37 | 7.59 % |
| Q1 | May 11, 2026 | $2.74 | $2.60 | 5.38 % |
| Q4 | Feb 24, 2026 | $2.30 | $2.23 | 3.14 % |
| Q3 | Nov 7, 2025 | $3.04 | $3.09 | -1.62 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 6, 2026 | $7.50B | $7.95B | -5.60 % |
| Q1 | May 11, 2026 | $11.12B | $8.61B | 29.2 % |
| Q4 | Feb 24, 2026 | $6.07B | $5.56B | 9.30 % |
| Q3 | Nov 7, 2025 | $6.57B | $6.38B | 2.97 % |