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Weak Numbers From Constellation Energy
Before the bell today, Constellation Energy Group Inc. (NYSE:CEG) reported its fourth quarter and fiscal 2011 results. Adjusted earnings per share came in at 5 cents, way below the Zacks Consensus Estimate of 63 cents. Quarterly earnings were also lower than the year-ago earnings of 42 cents per share. On a reported basis, including one-time [...]
Before the bell today, Constellation Energy Group Inc. (NYSE:CEG) reported its fourth quarter and fiscal 2011 results. Adjusted earnings per share came in at 5 cents, way below the Zacks Consensus Estimate of 63 cents. Quarterly earnings were also lower than the year-ago earnings of 42 cents per share. On a reported basis, including one-time items, loss per share came in at $2.91 versus earnings of 79 cents per share in the year-ago quarter. |
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