Constellation Energy reported strong financial results for the second quarter of 2025, with GAAP Net Income increasing to $2.67 per share, up from $2.58 per share in Q2 2024. Adjusted Operating Earnings also rose to $1.91 per share, compared to $1.68 per share in the prior-year period.
The company reaffirmed its full-year adjusted operating earnings guidance range of $8.90-$9.60 per share, signaling confidence in its ability to deliver consistent results. This guidance is supported by continued strong performance from both its Generation and Commercial businesses.
Constellation's Chief Financial Officer, Dan Eggers, noted that the transaction with Calpine remains on track to close by year-end, following recent FERC approval. This acquisition is expected to combine two leading generation fleets and enhance Constellation's ability to serve customers nationwide.
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