NRG Energy, Inc. (NRG) reported a solid third-quarter performance, exceeding expectations on adjusted EBITDA and raising its full-year guidance. The company also increased its share buyback program and reiterated its commitment to returning capital to shareholders. NRG shares rose in after-hours trading.
NRG Energy, a leading energy company, is poised to release its third-quarter earnings on Friday, November 8th. Analysts anticipate strong performance with earnings expected to surge compared to last year. The company is also making significant strides in its virtual power plant capabilities through a strategic partnership with Renew Home. This news comes as analysts remain bullish on NRG’s prospects, with recent price target increases and positive ratings.
NRG Energy is set to release its latest quarterly earnings report on Friday, November 8th, 2024. Analysts anticipate an EPS of $2.22, but investors will be keenly watching for guidance on future growth. This article delves into key performance indicators, analyst sentiment, and peer comparisons to provide a comprehensive outlook on NRG Energy’s upcoming earnings release.
NRG Energy Inc. (NRG) saw its stock price jump on Thursday after the company revised its full-year 2024 outlook upwards. The energy giant increased its adjusted EBITDA and free cash flow projections, citing strong financial and operational performance. The announcement follows the company’s upcoming third-quarter earnings release scheduled for November 8th.
As earnings season progresses, investors should be cautious of companies that have experienced significant reductions in analyst earnings estimates. CNBC Pro has identified 10 S&P 500 companies set to report next week with the most substantial declines in average analyst earnings estimates over the past three months. These companies may struggle to meet market expectations and could face further sell-offs.
