SHARPE
Reported results
- GAAP Net Income Attributable to Common Shareholders was $5.19 per share ($1,835 million) for the third quarter of 2026, compared with $2.97 per share ($930 million) for the third quarter of 2025.
- Adjusted (non-GAAP) Operating Earnings were $5.06 per share ($1,792 million) for the third quarter of 2026, compared with $3.04 per share ($952 million) for the third quarter of 2025.
- GAAP Operating revenues were $9,550 million for the third quarter of 2026, compared with $6,570 million for the third quarter of 2025.
- GAAP Operating income was $2,492 million for the third quarter of 2026, compared with $1,086 million for the third quarter of 2025.
- Total nuclear fleet generation produced 46,677 gigawatt-hours (GWhs) in the third quarter of 2026, compared with 46,477 GWhs in the third quarter of 2025.
Guidance
- Constellation raised the midpoint and narrowed its full-year Adjusted (non-GAAP) Operating Earnings guidance range to $12.50 - $12.80 per share.
Price and volatility reaction
The stock moved +10.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.7 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 249.95 | 2026-11-06 |
| Close after release | 276.09 | 2026-11-09 |
| Realised move | +10.5% | close to close |
| 30d ATM IV change | -8.7 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-09 (8-K, Item 2.02). Read the original filing on sec.gov.