分组1 - Constellation Energy Corporation (CEG) reported quarterly earnings of $2.44 per share, exceeding the Zacks Consensus Estimate of $2.19 per share, compared to a loss of $0.11 per share a year ago, representing an earnings surprise of 11.42% [1][2] - The company posted revenues of $5.38 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.39%, and down from $5.8 billion year-over-year [2] - Constellation Energy shares have increased approximately 41.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 4% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $2.02 on revenues of $4.46 billion, and for the current fiscal year, it is $9.30 on revenues of $21.49 billion [7] - The Zacks Industry Rank for Alternative Energy - Other is in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Financial Performance - GAAP Net Income for Q4 2024 was $2.71 per share, up from ($0.11) per share in Q4 2023; Adjusted Operating Earnings increased to $2.44 per share from $1.74 per share[4] - Full year 2024 GAAP Net Income reached $11.89 per share, compared to $5.01 per share in 2023; Adjusted Operating Earnings rose to $8.67 per share from $6.28 per share[6] - For the three months ended December 31, 2024, GAAP Net Income attributable to common shareholders was $852 million, compared to a loss of $36 million in the same period of 2023, representing a significant increase of $888 million[24] - Adjusted (non-GAAP) Operating Earnings for the twelve months ended December 31, 2024, was $2,735 million, up from $2,034 million in 2023, reflecting a growth of 34.5%[24] - The net income attributable to common shareholders for the twelve months ended December 31, 2024, was $3,749 million, compared to $1,623 million in 2023, marking an increase of 130.5%[24] - Net income for the twelve months ended December 31, 2024, was $3.738 billion, compared to $1.577 billion in 2023, indicating a year-over-year increase of 137.5%[29] - Operating income increased significantly to $4.352 billion in 2024 compared to $1.610 billion in 2023, marking a growth of 170.5%[36] - Basic earnings per share increased to $11.91 in 2024, compared to $5.02 in 2023, reflecting a growth of 137.3%[36] Revenue and Expenses - The company's operating revenues for the three months ended December 31, 2024, were $5,382 million, a decrease from $5,796 million in the same period of 2023, indicating a decline of 7.2%[24] - Operating revenues for the twelve months ended December 31, 2024, were $23.568 billion, a decrease of 5.4% from $24.918 billion in 2023[36] - Total operating expenses for the twelve months ended December 31, 2024, were $19,287 million, compared to $23,335 million in 2023, showing a reduction of 17.3%[24] - Total operating expenses decreased to $19.287 billion in 2024 from $23.335 billion in 2023, reflecting a reduction of 17.3%[36] Shareholder Returns - A quarterly dividend of $0.3878 per share was declared, payable on March 18, 2025, reflecting a 25% increase in the annual dividend[10] - The company completed $1 billion in share repurchases in 2024, totaling $2 billion since 2023, with $1 billion remaining authorization[10] Investments and Acquisitions - A definitive agreement was entered to acquire Calpine Corporation for $4.5 billion in cash and 50 million shares of common stock, enhancing capabilities and customer offerings[10] - The company plans to invest over $2.5 billion in 2025 to support long-term operations and growth investments[3] - The company is involved in a proposed transaction with Calpine Corporation, which is expected to enhance its investment-grade credit profile and operational synergies[18] Operational Metrics - The company achieved a nuclear operating capacity factor of 94.6% for the twelve months ended December 31, 2024[10] - Total nuclear generation for the twelve months ended December 31, 2024, was 181,711 GWh, an increase from 174,047 GWh in 2023, representing a growth of 4.8%[41] - The company reported a total of 266 outage days for the twelve months ended December 31, 2024, a decrease from 307 outage days in 2023[43] - Total supply/sales by region for the twelve months ended December 31, 2024, was 269,417 GWh, slightly down from 269,689 GWh in 2023[41] Sustainability and Emissions - Constellation was ranked the No. 1 producer of emissions-free energy for the 11th consecutive year, with the lowest carbon dioxide emissions among the largest private power producers[10] - The company generated approximately 90% of its annual output from carbon-free sources, contributing to its position as a leading energy supplier[12] - Constellation Energy is committed to investing in innovative technologies to enhance its sustainable energy future[12] Balance Sheet and Cash Flow - Total assets increased to $52.926 billion as of December 31, 2024, up from $50.758 billion in 2023, representing a growth of 4.3%[26] - Cash and cash equivalents at the end of the period rose to $3.129 billion, up from $454 million at the beginning of the period, marking a significant increase[29] - Total current liabilities increased to $6.846 billion in 2024 from $6.319 billion in 2023, an increase of 8.4%[27] - Total shareholders' equity increased to $13.166 billion in 2024, up from $10.925 billion in 2023, reflecting a growth of 20.5%[27] - The company experienced a net cash outflow from operating activities of $2.464 billion in 2024, an improvement from an outflow of $5.301 billion in 2023[29] Taxation - The effective tax rate for Q4 2024 was 0.7%, a significant decrease from 127.3% in Q4 2023[31] - The effective tax rate improved to 17.1% in 2024 from 35.1% in 2023[36] Share Count - Average common shares outstanding for Q4 2024 were 314 million, a decrease from 320 million in Q4 2023[31] - The average common shares outstanding decreased to 315 million in 2024 from 323 million in 2023[36]

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Group 1 - Constellation Energy Corporation (CEG) stock closed at $313.80, reflecting a +0.07% change, outperforming the S&P 500 which fell by 0.27% [1] - Over the past month, CEG shares increased by 8.55%, surpassing the Oils-Energy sector's gain of 0.98% and the S&P 500's gain of 4.27% [1] Group 2 - The upcoming earnings release for Constellation Energy Corporation is anticipated, with projected EPS of $2.19, representing a 2090.91% increase year-over-year [2] - Revenue is estimated at $5.51 billion, indicating a 4.87% decrease compared to the same quarter last year [2] Group 3 - Recent changes in analyst estimates for Constellation Energy Corporation suggest a positive outlook for the company's business trends [3] - The Zacks Rank system, which incorporates estimate changes, indicates a current rank of 2 (Buy) for Constellation Energy Corporation [5] Group 4 - Constellation Energy Corporation has a Forward P/E ratio of 33.68, which is higher than the industry average of 17.82, indicating a premium valuation [6] - The company has a PEG ratio of 2.13, compared to the industry average of 2.32, suggesting a favorable growth outlook relative to its valuation [7] Group 5 - The Alternative Energy - Other industry, which includes Constellation Energy Corporation, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [7][8]

After Trump Announced the Stargate project on January 21st, right after that, I wrote an article about how this project will shape the AI space over the next five years and which sectors willWe bring a rigorous research-driven approach to uncovering high-conviction stocks with compelling growth potential across dynamic sectors like big tech, semiconductors, AI, and healthcare. Leveraging comprehensive sector insights, We analyze both low-risk and selective high-risk plays that have the potential to outperfo ...

I think Constellation Energy (NASDAQ: CEG ) is a buy, even though a lot of people might disagree. At first glance, its financials look messy, its valuation seems expensive and its profitability metrics aren't great. But here's the thing-the market is too caught upMotti Sapir is an economist and financial analyst with over 15 years of experience in financial markets. He holds a degree in economics and has a talent for simplifying complex financial concepts into plain English. His focus is on uncovering marke ...

President Trump recently announced a $500 billion AI infrastructure project called Stargate.Shortly after taking office, President Donald Trump held a summit at the White House declaring that the technology world's biggest and most influential companies, Oracle, SoftBank, and OpenAI, would be investing $500 billion into AI infrastructure projects in the U.S. over a period of four years.In hindsight, this announcement shouldn't come as a surprise to investors, thanks to massive strides made in artificial int ...

Constellation Energy (CEG -3.14%) was among the losers this week as the deregulated utility was one of a number of stocks to get hit hard by the launch of DeepSeek, the Chinese AI start-up that is reportedly able to achieve performance results similar to ChatGPT and Alphabet's Gemini, but at a much lower cost.The news caused investors to question the trajectory of the AI infrastructure because it made it seem like tech companies may be overspending.Constellation Energy fell 21% on Monday as a result. Howeve ...

Nuclear energy is emerging as a critical solution due to a surge in global energy demand and the push for cleaner alternatives. While solar, wind and hydrogen have merits, they struggle to fully replace fossil fuels due to scalability challenges. Nuclear power, on the other hand, offers a reliable, high-capacity solution that could bridge the supply-demand gap and drive the transition to a greener future.This growing importance of nuclear energy has also made it an attractive theme for investors seeking lon ...

Key TakeawaysNuclear power providers Vistra and Constellation Energy were the worst-performing stocks in the S&P 500 on Monday as investors questioned whether AI will require the huge amounts of computing power and electricity once expected. An open-source AI model from Chinese startup DeepSeek has been found to perform nearly as well as models from American leaders like OpenAI and Google at a fraction of the cost.DeepSeek's success could force the U.S. AI industry to focus on improving efficiency, threaten ...