---
schema_version: "secwatch.filing_event.v1"
accession: "0001868275-24-000023"
form_type: "8-K"
ticker: null
cik: "0001168165"
company_name: "CONSTELLATION ENERGY GENERATION LLC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:56:23.861222+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Constellation Q1 GAAP EPS $2.78, adjusted $1.82; reaffirms FY2024 guidance $7.23-$8.03

## Summary
- GAAP net income $883M ($2.78/share) vs $96M ($0.29) YoY; adjusted operating earnings $579M ($1.82) vs $256M ($0.78).
- Board added $1B to share repurchase authorization; deployed ~$500M in Q1, cumulative $1.5B since program start.
- Moody's upgraded issuer credit rating to Baa1 from Baa2 with stable outlook.
- Issued $900M 30-year green bond — first US corporate bond including nuclear energy proceeds.
- Nuclear fleet capacity factor 93.3% (excl. Salem/STP); produced 45,391 GWh (up 7% YoY).

## SEC filing metadata
- accession: 0001868275-24-000023
- form_type: 8-K
- cik: 0001168165
- company_name: CONSTELLATION ENERGY GENERATION LLC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168165/000186827524000023/0001868275-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168165/000186827524000023/ceg-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868275-24-000023
- JSON: https://secwatch.observer/filing/0001868275-24-000023.json
- Plain text: https://secwatch.observer/filing/0001868275-24-000023.txt

## Key facts
- Earnings Releases
  CONSTELLATION ENERGY GENERATION LLC reported the first quarter of 2024 results: EPS GAAP Net Income of $2.78 per share.
  - Period: the first quarter of 2024
  - EPS: GAAP Net Income of $2.78 per share
  - Result: reported results
  source text: GAAP Net Income of $2.78 per share and Adjusted (non-GAAP) Operating Earnings of $1.82 per share for the first quarter of 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168165/000186827524000023/0001868275-24-000023-index.htm
- Earnings Releases
  CONSTELLATION ENERGY GENERATION LLC reported full-year 2024 results: EPS $7.23 - $8.03 per share. Guidance reaffirmed.
  - Period: full-year 2024
  - EPS: $7.23 - $8.03 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Affirming full-year 2024 Adjusted (non-GAAP) Operating Earnings guidance range of $7.23 - $8.03 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168165/000186827524000023/0001868275-24-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.