Constellation Energy Corporation (NASDAQ:CEG) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET

Company Participants

Emily Duncan - Senior Vice President of Investor Relations and Strategic Growth
Joseph Dominguez - President & Chief Executive Officer
Daniel Eggers - Chief Financial Officer

Conference Call Participants

Jeremy Tonet - JPMorgan Securities
Shar Pourreza - Guggenheim Partners
Steve Fleishman - Wolfe Research
David Arcaro - Morgan Stanley
Nick Campanella - Barclays
Durgesh Chopra - Evercore ISI

Operator

Thank you for standing by and welcome to Constellation Energy Corporation's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session; instructions will follow at that time. As a reminder, this call may be recorded.

I would now like to hand the call over to Emily Duncan, Senior Vice President, Investor Relations and Strategic Growth. Please, you may begin.

Emily Duncan

Thank you, Latif [ph]. Good morning, everyone and thank you for joining Constellation Energy Corporation's third quarter earnings conference Call. Leading the call today are Joe Dominguez, Constellation's President and Chief Executive Officer; and Dan Eggers, Constellation's Chief Financial Officer. They are joined by other members of Constellation's senior management team who will be available to answer your questions following our prepared remarks.

We issued our earnings release this morning, along with the presentation, all of which can be found in the Investor Relations section of Constellation's website. The earnings release and other matters which we discuss during today's call contain forward-looking statements and estimates regarding Constellation and its subsidiaries that are subject to various risks and uncertainties. Actual results could differ from our forward-looking statements based on factors and assumptions discussed in today's material and comments made during this call. Please refer to today's 8-K and Constellation's other SEC filings for discussions of risk factors and other circumstances and considerations that may cause results to differ from management's projections, forecasts and expectations. Today's presentation also includes references to adjusted operating earnings and other non-GAAP measures. Please refer to the information contained in the appendix of our presentation and our earnings release for reconciliations between the non-GAAP measures and the nearest equivalent GAAP measures.

I'll now turn the call over to Joe Dominguez.

Joseph Dominguez

Thanks, Emily. Good morning, everyone. Thank you for joining us today and a big thank you to our amazingly talented team at Constellation. Today, Dan and I once again have the privilege to share their results, results that outperform our plan, your expectations and require us to raise guidance. But before I do that, I want to touch upon Friday's FERC ruling that I know is top of mind for many folks. In Constellation's view, the 2:1 ruling rejecting Talen's ISA by a fraction of the commission is not the final word from FERC on colocation.