How does CEG's 2024 earnings trend compare to peers?
3/28/2025 05:11pm
Constellation Energy's (CEG) 2024 earnings trend shows a strong performance compared to its peers, with significant growth in both revenue and diluted EPS, reflecting the company's focus on clean energy and strategic acquisitions.
1. **Revenue Comparison**:
- CEG's revenue for 2024 was $23.57 billion.
- Duke Energy (DUK) reported revenue of $30.36 billion, slightly higher than CEG.
- The Southern (SO) reported revenue of $26.72 billion, also lower than CEG.
- Exelon (EXC) reported revenue of $23.03 billion, similar to CEG's revenue.
|code|Ticker|Name|Date|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|EXC|EXC.O|Exelon|2024 Q1|6.043E9|0.66|185|
|CEG|CEG.O|Constellation Energy|2024 Q1|6.161E9|2.78|185|
|SO|SO.N|The Southern|2024 Q1|6.646E9|1.03|169|
|DUK|DUK.N|Duke Energy|2024 Q1|7.671E9|1.44|169|
|EXC|EXC.O|Exelon|2024 Q2|5.361E9|0.45|185|
|CEG|CEG.O|Constellation Energy|2024 Q2|5.475E9|2.58|185|
|SO|SO.N|The Southern|2024 Q2|6.463E9|1.09|169|
|DUK|DUK.N|Duke Energy|2024 Q2|7.172E9|1.13|169|
|EXC|EXC.O|Exelon|2024 Q3|6.154E9|0.7|185|
|CEG|CEG.O|Constellation Energy|2024 Q3|6.55E9|3.82|185|
2. **Earnings Per Share (EPS) Comparison**:
- CEG's diluted EPS was $11.89, significantly higher than its peers.
- Duke Energy's diluted EPS was $5.71.
- The Southern's diluted EPS was $3.99.
- Exelon's diluted EPS was $2.45.
3. **Peer Comparison Insights**:
- CEG's revenue growth and EPS indicate a strong financial performance within the utilities sector, especially when compared to peers like Exelon and The Southern.
- Duke Energy leads in revenue, but CEG surpasses in EPS, suggesting a more efficient management of earnings relative to its revenue.
4. **Market Position and Outlook**:
- CEG's strategic move to become the largest provider of carbon-free energy in the U.S. through acquisitions and partnerships, such as with Microsoft, positions it well for continued growth in the clean energy sector.
- The company's focus on renewable energy and nuclear power aligns with the global shift towards sustainable energy sources, which is likely to drive its financial performance in the long term.
In conclusion, CEG's 2024 earnings trend demonstrates a robust performance compared to its peers, reflecting its strategic direction in clean energy and its ability to generate substantial revenue and earnings.