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 anticipated EPS of $0.66 on revenue of $4.18B.
Constellation Energy shares are down 35% from the beginning of the year and are trading at $87.46 , down-from-52-week-high.
Constellation Energy shares lost 6.46% 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 October 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts 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, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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