financetom
Business
financetom
/
Business
/
NRG Energy Lifts 2024 Financial Guidance -- Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NRG Energy Lifts 2024 Financial Guidance -- Shares Rise After Hours
Sep 25, 2024 4:46 PM

05:39 PM EDT, 09/25/2024 (MT Newswires) -- NRG Energy ( NRG ) on Wednesday raised its 2024 guidance, citing "robust financial and operational execution throughout the year."

The company said it now expects adjusted EBITDA between $3.53 billion and $3.68 billion for the year, up from its previous forecast of $3.30 billion to $3.55 billion.

Free cash flow before growth is now anticipated to be between $1.98 billion and $2.13 billion, up from its previous estimate of $1.83 billion to $2.08 billion, it said.

Shares of the company were more than 7% higher in recent after-hours activity.

Price: 95.91, Change: +6.67, Percent Change: +7.47

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Grinta completes full divestment of Moncler shares
Grinta completes full divestment of Moncler shares
Sep 22, 2024
Sept 18 (Reuters) - Grinta, a shareholder of Italian fashion group Moncler, has completed a secondary accelerated bookbuilding (ABB) priced at 49.8 euros ($55.43) per share to sell its residual stake in the company, a bookrunner said on Wednesday. In March, the Rivetti family, which also controls Grinta and is linked to Carlo Rivetti, founder of the Stone Island brand,...
Market Chatter: Southwest Airlines Mechanics Union Says Elliott Still Wants CEO Robert Jordan's Departure
Market Chatter: Southwest Airlines Mechanics Union Says Elliott Still Wants CEO Robert Jordan's Departure
Sep 22, 2024
05:22 AM EDT, 09/18/2024 (MT Newswires) -- Southwest Airlines Company's ( LUV ) mechanics union, Aircraft Mechanics Fraternal Association, was told by activist investor Elliott Investment Management in a Sept. 12 meeting that it still wants to replace Chief Executive Officer Robert Jordan, Reuters reported Tuesday, citing a union memo. The hedge fund, which owns 10% of Southwest's ( LUV...
Qualcomm approached Intel about a takeover in recent days, WSJ reports
Qualcomm approached Intel about a takeover in recent days, WSJ reports
Sep 22, 2024
Sept 20 (Reuters) - Qualcomm ( QCOM ) made a takeover approach to chipmaker Intel ( INTC ) in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. ...
A-mark Precious Metals Insider Sold Shares Worth $4,153,991, According to a Recent SEC Filing
A-mark Precious Metals Insider Sold Shares Worth $4,153,991, According to a Recent SEC Filing
Sep 22, 2024
03:46 PM EDT, 09/20/2024 (MT Newswires) -- Jeffrey D Benjamin, Director, on September 18, 2024, sold 94,876 shares in A-mark Precious Metals ( AMRK ) for $4,153,991. Following the Form 4 filing with the SEC, Benjamin has control over a total of 1,424,198 shares of the company, with 724,198 shares held directly and 700,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1591588/000159396824001213/xslF345X05/primary_01.xml Price:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved