$CEG just dropped earnings and they're printing 💰
Non-GAAP EPS $5.06 — beat by $1.17
Revenue $95.5B, +45% YoY, crushed estimates by ~$2B
Locked in a fresh 20-year power purchase agreement
EPS guidance raised to $12.5–12.8
But here's the catch: Dem data center regs are targeting 2027. Some new projects pushed from '28 to '29. This beat proves current biz is solid, but doesn't clear the '25 overhang. Watch the macro.
TLDR: Strong now, regulatory risk later. Trade accordingly.
Non-GAAP EPS $5.06 — beat by $1.17
Revenue $95.5B, +45% YoY, crushed estimates by ~$2B
Locked in a fresh 20-year power purchase agreement
EPS guidance raised to $12.5–12.8
But here's the catch: Dem data center regs are targeting 2027. Some new projects pushed from '28 to '29. This beat proves current biz is solid, but doesn't clear the '25 overhang. Watch the macro.
TLDR: Strong now, regulatory risk later. Trade accordingly.