07:17 AM EST, 11/04/2024 (MT Newswires) -- Constellation Energy ( CEG ) reported Q3 adjusted net income Monday of $2.74 per diluted share, up from $2.13 a year earlier.

Analysts polled by Capital IQ expected $2.68.

Operating revenue for the quarter ended Sept. 30 was $6.55 billion, up from $6.11 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.59 billion.

For 2024, the company now expects adjusted earnings of $8.00 to $8.40 per diluted share, compared with its previous projection of $7.60 to $8.40 per share. Analysts polled by Capital IQ expect $8.05.

Shares of the company were down more than 9% in recent Monday premarket activity.

Price: 239.00, Change: -19.10, Percent Change: -7.40