NRG Energy (NRG) Q3 Earnings Lag Estimates
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NRG Energy reported Q3 earnings of $1.85 per share, missing the Zacks Consensus Estimate of $2.05. This is an increase from $1.62 per share a year ago.
November 08, 2024 | 2:45 pm
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NEGATIVE IMPACT
NRG Energy's Q3 earnings were $1.85 per share, below the expected $2.05, but higher than last year's $1.62. This miss may affect short-term stock performance.
NRG Energy's earnings per share fell short of analyst expectations, which typically leads to negative investor sentiment and potential short-term stock price decline. However, the year-over-year increase in earnings per share may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100