Constellation Energy (CEG) Q3 2024 Earnings Call Transcript
Operator Thank you for standing by, and welcome to Constellation Energy Corporation's third-quarter 2024 earnings conference call. [Operator instructions] As a reminder, this call may be recorded. I would now like to hand the call over to Emily Duncan,
Constellation Energy Corporation (CEG) Q3 2024 Earnings Call Transcript
Thank you for standing by and welcome to Constellation Energy Corporation's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session; instructions will follow at that time. As a reminder, this call may be recorded.
Q3 2024 Constellation Energy Corp Earnings Call
Thank you for standing by, and welcome to Constellation Energy Corporation's third-quarter 2024 earnings conference call. (Operator Instructions) As a reminder, this call may be recorded. I would now like to hand the call over to Emily Duncan, Senior Vice President, Investor Relations and Strategic Growth. Please, you may begin.
Why Constellation Energy Stock Crashed 11% After Earnings
The biggest argument in favor of Constellation Energy stock just became a liability. Electric utility stock Constellation Energy ( CEG -10.85%) tumbled 10% through 10:35 a.m. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning.
Constellation Energy's stock is leading the S&P 500's losers, by a lot
Constellation Energy's stock was tumbling 11.1% in recent trading, to put it on track for a record one-day selloff. The nuclear power company's stock was the biggest decliner in the S&P 500 by far, as the second-worst performer was PSEG's stock,
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Constellation Energy stock is lower Monday as a regulatory decision offsets the utility company's solid third-quarter earnings results.
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