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Constellation Energy reaffirms 2024 operating earnings outlook, cites higher generation fleet output, supportive policies, and strong Q1 earnings.
Constellation Energy reaffirms full-year 2024 operating earnings outlook of $7.23-$8.03 per share, citing higher generation fleet output, supportive energy policies, and commercial business performance. CFO Dan Eggers attributes strong Q1 earnings of $1.82 per share to these factors. Constellation also upgraded its credit rating to Baa1 and issued the nation's first corporate green bond with nuclear.
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