NRG Energy Earnings Preview
Portfolio Pulse from Benzinga Insights
NRG Energy (NYSE:NRG) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $4.04. The company's past performance shows a pattern of beating EPS estimates, which often leads to a subsequent increase in share price. However, the company's shares have seen a general decline over the last 52-week period, down by 0.39%.
November 01, 2023 | 5:01 pm
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NRG Energy is expected to report an EPS of $4.04 in its upcoming earnings release. Despite past EPS beats, the stock has been on a general decline, down 0.39% over the last 52 weeks.
The upcoming earnings report is highly relevant to NRG Energy's stock. While the company has a history of beating EPS estimates, which usually leads to a short-term increase in share price, the overall trend for the stock has been negative over the past year. This suggests that other factors may be influencing the stock's performance, making it difficult to predict the short-term impact of the earnings report.
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