02.11.2023 12:17:29 - dpa-AFX: NRG Energy Inc Profit Climbs In Q3, but misses estimates
WASHINGTON (dpa-AFX) - NRG Energy Inc (NRG) announced earnings for its third
quarter that increased from the same period last year but missed the Street
estimates.
The company's bottom line totaled $326 million, or $1.41 per share. This
compares with $67 million, or $0.29 per share, in last year's third quarter.
Analysts on average had expected the company to earn $4.04 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 6.6% to $7.95 billion from $8.51
billion last year.
NRG Energy Inc earnings at a glance (GAAP) :
-Earnings (Q3): $326 Mln. vs. $67 Mln. last year.
-EPS (Q3): $1.41 vs. $0.29 last year.
-Analyst Estimate: $4.04
-Revenue (Q3): $7.95 Bln vs. $8.51 Bln last year.
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