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Update: NRG Energy's Q3 Adjusted EPS Rises, Revenue Declines; Increases 2024 Guidance
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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

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