Constellation Energy Group Inc cited strong performance in its retail energy business. Constellation Energy Group Inc trades on the “New York Stock Exchange” under the stock symbol “CEG”. For More information regarding “CEG” or the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Constellation Energy Group Inc. (NYSE:CEG) cited strong performance in its retail energy business as it reported Friday that it upturned a loss from last year with a first-quarter profit that came even with a drop in revenue.
Constellation Energy confirmed its full-year earnings guidance range of $3.05 per share to $3.45 per share, and lowered the guidance range for 2011 by 20 cents to $3.25 per share to $3.65 per share. Analysts were expecting 2010 earnings of $3.25 per share and 2011 earnings of $3.49 per share.
About Constellation Energy Group:
Constellation Energy Group, Inc., through its subsidiaries, supplies energy products and services in North America. The company operates in three segments: Merchant Energy, Regulated Electric, and Regulated Gas
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