Constellation Energy Corp, a leading provider of clean energy solutions, reported a GAAP Net Income of $3.82 per share and Adjusted (non-GAAP) Operating Earnings of $2.74 per share, surpassing the analyst estimate of $2.66 per share. The company also reported operating revenues of $6,550 million, exceeding the estimated $5,713.76 million.
The company reported a notable increase in GAAP Net Income to $3.82 per share from $2.26 per share in the same quarter of 2023. Adjusted (non-GAAP) Operating Earnings also rose to $2.74 per share from $2.13 per share in the previous year.
Important metrics from the financial statements include a rise in operating income to $1,467 million from $977 million in the previous year, reflecting improved operational performance. The company’s balance sheet shows total assets of $51,834 million as of September 30, 2024, up from $50,758 million at the end of 2023, indicating growth and investment in infrastructure.

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