financetom
Business
financetom
/
Business
/
Update: NRG Energy's Q3 Adjusted EPS Rises, Revenue Declines; Increases 2024 Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: NRG Energy's Q3 Adjusted EPS Rises, Revenue Declines; Increases 2024 Guidance
Nov 9, 2024 1:08 PM

08:48 AM EST, 11/08/2024 (MT Newswires) -- (Updates with 2024 guidance in fourth paragraph and headline.)

NRG Energy ( NRG ) reported Q3 adjusted earnings Friday of $1.90 per diluted share, up from $1.57 a year earlier.

One analyst surveyed by Capital IQ expected $1.95.

Revenue for the quarter ended Sept. 30 was $7.22 billion, down from $7.95 billion a year earlier. One analyst surveyed by Capital IQ expected $9.38 billion.

The company raised its 2024 guidance for adjusted earnings per share to a range of $5.95 to $6.75 from previous guidance of $5.00 - $6.30.

Shares of NRG Energy ( NRG ) were up 3.1% in recent premarket activity.

Price: 99.40, Change: +3.00, Percent Change: +3.11

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 >
Southern Glazer’s Wine & Spirits to Acquire Eagle Rock Distributing Co.
Southern Glazer’s Wine & Spirits to Acquire Eagle Rock Distributing Co.
Mar 23, 2026
MIAMI & DALLAS--(BUSINESS WIRE)-- Southern Glazer’s Wine & Spirits (Southern Glazer’s)—the world’s preeminent distributor of beverage alcohol—today announced that it has reached an agreement to acquire substantially all the assets of Eagle Rock Distributing Co.’s (Eagle Rock) Colorado operations, a leading total beverage distributor in Colorado. Expected to close in the summer of 2026, the transaction presents a powerful opportunity...
Asurint Enhances Powerful Data Asset with AMCP’s Acquisition of CIC
Asurint Enhances Powerful Data Asset with AMCP’s Acquisition of CIC
Mar 23, 2026
CLEVELAND, Ohio, March 23, 2026 (GLOBE NEWSWIRE) -- The dedicated North American control buyout fund of A&M Capital, A&M Capital Partners (“AMCP”), and Asurint (“Asurint”), an industry-leading provider of background screening solutions and an AMCP portfolio company, today announced AMCP’s acquisition of Contemporary Information Corporation (“CIC”), a Georgia–based provider of transactional criminal public records and housing data for tenant screening.  CIC champions over 36...
Kimley-Horn Acquires Building Systems Firm RGD Consulting Engineers
Kimley-Horn Acquires Building Systems Firm RGD Consulting Engineers
Mar 23, 2026
RALEIGH, N.C., March 23, 2026 /PRNewswire/ -- Kimley-Horn today expanded its mechanical, electrical, and plumbing presence through the acquisition of RGD Consulting Engineers, a Florida-based consulting firm with deep technical experience across commercial, residential, healthcare, institutional, and federal markets. The acquisition further strengthens Kimley-Horn's building systems practice, deepening its resources in South and Central Florida, as well as across North...
Alibaba launches latest agentic AI platform with international unit's Accio Work
Alibaba launches latest agentic AI platform with international unit's Accio Work
Mar 23, 2026
* Accio Work targets SMEs with autonomous business operations * Accio Work contrasts consumer-driven AI frenzy in China * Alibaba ( BABA ) separates AI from cloud computing, forms Token Hub By Casey Hall SHANGHAI, March 23 (Reuters) - Alibaba ( BABA ) has pushed further into the global race for agentic artificial intelligence, with its international commerce division launching...
Copyright 2023-2026 - www.financetom.com All Rights Reserved