Constellation Energy earnings hit estimates

Net come fit to same furnish holders representing the succeeding fourth was $8.1 million, or 4 cents a share, compared with $171.5 million, or 95 cents a share, in the year ago quarter.

Adjusted earnings representing the fourth was $1.08 a share, compared with $1.82 a portion in the identical fourth hindmost year.

Total gross income cut circular 19 percent to $3.86 billion.

Analysts, on average, were gravid earnings of 76 cents a share, before particular items, on gross income of $3.57 billion, according to Reuters Estimates. For the filled year 2009, the companionship at current expects earnings to be in the range of $3.10 to $3.30 per share. The companionship had earlier foretell earnings representing the year to be between $2.90 to $3.20 a share.

Analysts were gravid earnings of $3.03 a share.

Constellation shares closed at $29.03 Thursday on the New York Stock Exchange. They be obsessed traded in a range of $15.12 to $85.53 in the hindmost single year.

(Reporting close by Hezron Selvi in Bangalore; Editing close by Aradhana Aravindan)