Utilities | Diversified Utilities | USA
NRG Energy (NRG) Q2 Earnings Lag Estimates, Revenues Rise Y/Y
NRG Energy, Inc. NRG delivered earnings of 70 cents per share from continuing operations in second-quarter 2019, which missed the Zacks Consensus Estimate of 78 cents by 10.3%. However, the figure improved significantly when compared with a penny registered in the year-ago quarter.
Revenues
NRG Energy’s revenues of $2,465 million in the quarter inched up 0.2% from the year-ago quarter’s figure.
Highlights of the Release
Second-quarter adjusted EBITDA was $469 million compared with $517 million in the year-ago quarter.
As part of the Transformation Plan, the company realized $261 million in the second quarter of its 2019 cost savings target.
...
https://finance.yahoo.com/news/nrg-energ...02694.html
NRG Energy (NRG) Q2 Earnings Lag Estimates, Revenues Rise Y/Y
NRG Energy, Inc. NRG delivered earnings of 70 cents per share from continuing operations in second-quarter 2019, which missed the Zacks Consensus Estimate of 78 cents by 10.3%. However, the figure improved significantly when compared with a penny registered in the year-ago quarter.
Revenues
NRG Energy’s revenues of $2,465 million in the quarter inched up 0.2% from the year-ago quarter’s figure.
Highlights of the Release
Second-quarter adjusted EBITDA was $469 million compared with $517 million in the year-ago quarter.
As part of the Transformation Plan, the company realized $261 million in the second quarter of its 2019 cost savings target.
...
https://finance.yahoo.com/news/nrg-energ...02694.html