NRG Energy Misses Q3 Expectations But Powers Up Guidance And Stock Buyback: Details

NRG Energy, Inc. (NYSE:NRG) reported a third-quarter revenue decline of 9.1% year-over-year to $7.22 billion, missing the consensus of $9.381 billion. Adjusted EPS stood at $1.85, missing the consensus of $2.00.

“NRG’s financial position has never been stronger as evidenced by our raised 2024 guidance and the 2025 guidance we initiated today. We continue to look to add new capacity to our portfolio, and our exciting new partnership with Renew Home provides further validation of our customer-focused strategy,” commented Larry Coben, NRG Chair, President, and Chief Executive Officer.

Operating cash flow for the quarter was $31 million, compared to $566 million a year ago. Free Cash Flow ...

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