Shares of Constellation Energy (CEG) fell on Tuesday after 2026 earnings per share guidance came in below consensus estimates. Constellation, as part of its 2026 Business and Earnings Outlook, forecast 2026 adjusted EPS $11-$12, below analysts’ estimates of $12.11. Constellation also forecast base EPS growth of 20%+ from 2026-2029 and said it is targeting long-term rolling three-year base EPS growth of 10%+. The company also increased its stock buyback authorization to $5B. Shares are down about 8% to $274.84 in morning trading.
Claim 55% Off TipRanks
Trade CEG with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CEG:
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 29
- Citi says tracker data, Constellation comments indicate no Crane delay
- Constellation Energy Director Resignation Triggers Governance Change
- Constellation Energy price target lowered to $401 from $407 at BofA
- PJM tells Constellation nuclear plant won’t hit grid until 2031, Reuters says