Constellation Q2 FY26 GAAP EPS falls 46.82% to $1.42; raises FY26 adjusted operating EPS view to $11.50-$12.50
CEG•Asset sale agreement
The company agreed to divest the 606 MW Brazos Valley Energy Center for $860 million.
Q2 FY26 earnings decline on a GAAP basis
Constellation posted GAAP net income attributable to common shareholders of $513 million, or $1.42 a share, down from $2.67 a year earlier.
Adjusted (non-GAAP) operating earnings rose to $920 million, or $2.55 a share, from $1.91.
Nuclear project approvals and power contracts
FERC granted a waiver to transfer capacity interconnection rights to the Crane Clean Energy Center, and the NRC approved its fuel license amendment.
Constellation also signed 920 MW of 15-20 year nuclear PPAs starting in 2029-2032.
Full-year adjusted operating EPS guidance raised
The company raised its full-year adjusted (non-GAAP) operating earnings guidance to .
