Constellation Energy Corporation (CEG) Down 32.2% Since Last Earnings Report: Can It Rebound?

It has been about a month since the last earnings report for Constellation Energy Corporation (CEG). Shares have lost about 32.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Constellation Energy Corporation due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.VGM ScoresAt this time, Constellation Energy Corporation has a subpar Growth Score of D, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookConstellation Energy Corporation has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Performance of an Industry PlayerConstellation Energy Corporation belongs to the Zacks Alternative Energy - Other industry. Another stock from the same industry, TC Energy (TRP), has gained 5.3% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.TC Energy reported revenues of $2.56 billion in the last reported quarter, representing a year-over-year change of -17.8%. EPS of $0.75 for the same period compares with $0.99 a year ago.TC Energy is expected to post earnings of $0.73 per share for the current quarter, representing a year-over-year change of -20.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +4.1%.The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for TC Energy. Also, the stock has a VGM Score of D.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Constellation Energy Corporation (CEG): Free Stock Analysis Report TC Energy Corporation (TRP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks