07:50 AM EDT, 05/07/2024 (MT Newswires) -- NRG Energy ( NRG ) reported Tuesday its Q1 swung to an income of $2.31 per diluted share from a loss of $5.82 a year earlier.

Analysts polled by Capital IQ expected $1.19.

Revenue for the quarter ended March 31 was $7.43 billion, down from $7.72 billion a year earlier.

Analysts surveyed by Capital IQ expected $7.64 billion.

NRG Energy ( NRG ) reaffirmed its full-year 2024 adjusted earnings before interest, taxes, depreciation, and amortization guidance range of $3.30 billion to $3.55 billion. Analysts surveyed by Capital IQ expect $3.42 billion, if comparable.

The company said it intends to repurchase $825 million of additional shares throughout 2024.

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