Constellation Energy posts Q3 2026 earnings beat and lifts full‑year adjusted EPS guidance

Constellation Energy reported third‑quarter 2026 adjusted operating earnings of $5.06 per share, up from $3.04 a year earlier, and GAAP net income of $5.19 per share, up from $2.97. Revenue reached $9.55 billion, beating consensus. The company raised its full‑year 2026 adjusted EPS guidance to a range of $12.50‑$12.80 per share and announced a $715 million acquisition of the Rhode Island State Energy Center along with long‑term nuclear contracts and a conditional DOE loan commitment of up to $5 billion.

The higher guidance expands the earnings outlook for shareholders, implying stronger cash flow generation. The acquisition and DOE loan provide additional capacity and financing for nuclear uprates, which could support future growth.

  • 1Adjusted operating earnings were $5.06 per share, up from $3.04 a year ago.
  • 2GAAP net income was $5.19 per share, up from $2.97 a year ago.
  • 3Revenue was $9.55 billion for the quarter.
  • 4Full‑year 2026 adjusted EPS guidance was raised to $12.50‑$12.80 per share.
  • 5The company agreed to acquire Rhode Island State Energy Center for $715 million, subject to regulatory approval.
  • 6A conditional Department of Energy loan commitment of up to $5 billion was signed to support nuclear uprates.

Sources