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CEG Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Constellation Energy Corporation (CEG) is scheduled to report 3rd quarter earnings on 11/04/2024, before the market opens.

Regarding Q3 estimates, Wall Street analysts expect Constellation Energy Corporation to post earnings of $2.66 per share. Revenue expectations are pegged at $5.71 billion. Last quarter, Constellation Energy Corporation missed earnings estimates, reporting EPS of $1.68 on estimates of $1.71. The stock rose by 6.51% the day after the last earnings release.

Year-to-date, CEG stock has risen by 121.98%.

Is Constellation Energy Corporation Stock a Buy?

Wall Street’s consensus rating for CEG stock is a Moderate Buy, with an average analyst price target of $278.87, implying upside potential of 8.05% from current levels.

CEG shares have gained about 39.10% in the past six months.

About Constellation Energy Corporation

Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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