Earnings Outlook For NRG Energy
Portfolio Pulse from Benzinga Insights
NRG Energy (NYSE:NRG) is scheduled to release its quarterly earnings report on February 28, 2024. Analysts predict an EPS of $3.01. The focus will be on whether NRG beats this estimate and provides positive guidance for the next quarter. Historical data shows mixed results in NRG's ability to meet EPS estimates, with a notable miss last quarter leading to a slight stock price drop. Over the past year, NRG shares have increased by 62.3%, indicating strong long-term shareholder returns.
February 27, 2024 | 5:01 pm
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NEUTRAL IMPACT
NRG Energy is anticipated to report an EPS of $3.01 for the upcoming quarter. Investors are keen on both the earnings outcome and the future guidance provided by the company. Historical performance shows variability in meeting EPS estimates, with a significant miss in the last quarter. Shares have seen a substantial increase over the past year.
The anticipation of NRG's earnings report and its potential to meet or exceed EPS estimates could create volatility in its stock price. The historical performance indicates that while there have been misses, the overall long-term trend is positive. However, given the mixed historical ability to meet EPS estimates, the short-term impact is assessed as neutral until the actual earnings results are disclosed.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100