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Jun 30, 2024
Constellation Energy Q2 2024 Earnings Report
Constellation Energy reported a strong second quarter with increased GAAP net income and adjusted operating earnings, raised full-year guidance, and continued share repurchases.
Key Takeaways
Constellation Energy reported a strong second quarter 2024, with GAAP net income of $2.58 per share and adjusted (non-GAAP) operating earnings of $1.68 per share. The company raised its full-year 2024 adjusted (non-GAAP) operating earnings guidance range to $7.60-$8.40 per share and repurchased approximately $500 million of its common stock in the second quarter.
GAAP Net Income of $2.58 per share and Adjusted (non-GAAP) Operating Earnings of $1.68 per share for the second quarter of 2024.
Full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range raised to $7.60-$8.40 per share.
Approximately $500 million of common stock repurchased in the second quarter, with $2.0 billion repurchased since 2023.
2024 Sustainability Report released and second annual Youth Energy Summit hosted.
Constellation Energy
Constellation Energy
Forward Guidance
Constellation Energy raised its full-year adjusted (non-GAAP) earnings guidance to $7.60 to $8.40 per share from its previous guidance of $7.23 to $8.03 per share.