Constellation Energy (CEG) reported third-quarter earnings above analyst expectations, supported by strong performance from its nuclear fleet and rising data-center demand. Adjusted earnings per share were $1.38, topping the consensus estimate of $1.25. Revenue was $7.8 billion, above the $7.2 billion forecast.
The company raised its full-year 2026 adjusted EPS guidance to $7.23-$8.03. It cited the growing, around-the-clock power needs of artificial intelligence and data centers as a primary driver of the improved outlook. CEG shares rose more than 4% in pre-market trading.