NRG Energy's Earnings: A Preview

NRG Energy (NYSE:NRG) is preparing to release its quarterly earnings on Friday, 2024-11-08. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect NRG Energy to report an earnings per share (EPS) of $2.22.

NRG Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

The company's EPS beat by $1.78 in the last quarter, leading to a 2.98% increase in the share price on the following day.

Here's a look at NRG Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.59

0.88

3.01

4.04

EPS Actual

3.37

2.31

2.02

1.41

Price Change %

3.0%

3.0%

1.0%

-0.0%

NRG Energy Share Price Analysis

Shares of NRG Energy were trading at $92.39 as of November 06. Over the last 52-week period, shares are up 110.47%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on NRG Energy

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