NRG Energy Q3 GAAP EPS $1.41 Misses $4.04 Estimate, Sales $7.95B Miss $10.95B Estimate
Portfolio Pulse from Benzinga Newsdesk
NRG Energy reported Q3 earnings of $1.41 per share, missing the analyst consensus estimate of $4.04 by 65.1%. The company also reported quarterly sales of $7.95 billion, missing the analyst consensus estimate of $10.95 billion by 27.43%. This represents a 6.63% decrease over sales of $8.51 billion the same period last year.
November 02, 2023 | 11:19 am
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NRG Energy's Q3 earnings and sales fell short of analyst estimates. This could negatively impact the company's stock in the short term.
NRG Energy's earnings and sales for Q3 were significantly below analyst estimates. This underperformance could lead to a decrease in the company's stock price as it indicates potential operational and financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100