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Investing.com - Constellation Energy reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Constellation Energy announced earnings per share of $-0.57 on revenue of $6.05B. Analysts polled by Investing.com EPS of $0.66 on revenue of $4.18B.
Constellation Energy 's are down 35% and is trading at $87.46 , still down 9.17% from its 52 week high of $96.29 set on Wednesday, November 2, 2022.
Constellation Energy shares lost 6.46% to trade at $87.46 in intra-day trade the report.
Constellation Energy follows other major Utilities sector earnings this month
Constellation Energy's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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