Constellation Energy earnings beat driven by higher revenue, fleet expansion

Constellation Energy (NASDAQ:CEG) reported stronger-than-expected first quarter 2026 results, topping Wall Street estimates on both revenue and adjusted earnings as the company benefited from expanded generation capacity and improved operational performance across its fleet. The company posted adjusted operating earnings of $2.74 per share, above the $2.59 consensus estimate, while revenue reached $11.12 billion, well ahead of expectations of roughly $9 billion.