Exhibit 99.1 NRG Energy, Inc. Reports Second Quarter Results and Reaffirms 2024 Financial Guidance • Strong second quarter financial and operating performance resulting in GAAP Net Income of $738 million and Adjusted EBITDA of $935 million • Completed comprehensive preventative maintenance program for ERCOT fleet, well-prepared going into summer season and beyond • Announcing agreement to sell Airtron HVAC business at an accretive multiple • Submitted applications to Texas Energy Fund for 1.5 GW of shovel-r ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about NRG Energy (NRG) . NRG currently has an average brokerage recomm ...

NRG Energy, Inc. (NRG) is scheduled to release second-quarter 2024 results on Aug 8, before market open. The company delivered a negative earnings surprise of 13% in the last reported quarter. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider NRG Energy's earnings are expected to have continued to benefit from the integration of Vivint Smart Home service. This initiative might have increased margin per customer through a higher take rate of prod ...

The market expects NRG Energy (NRG) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 8, 2024, might help the stock move higher if these key numbers are bett ...

For the full year, the Zacks Consensus Estimates project earnings of $6.61 per share and a revenue of $25.28 billion, demonstrating changes of +53.01% and -12.31%, respectively, from the preceding year. The power company's stock has dropped by 4.52% in the past month, falling short of the Utilities sector's gain of 2.98% and the S&P 500's gain of 0.1%. It's also important for investors to be aware of any recent modifications to analyst estimates for NRG Energy. These recent revisions tend to reflect the evo ...

The investment community will be paying close attention to the earnings performance of NRG Energy in its upcoming release. The company is slated to reveal its earnings on August 8, 2024. The company is forecasted to report an EPS of $1.38, showcasing a 25.45% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $4.59 billion, indicating a 27.75% decline compared to the corresponding quarter of the prior year. Research i ...

LOS ANGELES, July 19, 2024 /PRNewswire/ -- Platinum Equity announced today that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed. Financial terms were not disclosed. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM (Met-Ed) 500kV grid, with enough to supply more than 600,000 homes. "Hunterstown is a good example of how Platinum can use its playbook to cre ...

NRG Energy, Inc. (NRG) is engaged in the production, sale, and delivery of energy and energy products and services to residential, industrial as well as commercial consumers in major competitive power markets in the United States. Its long-term capital expenditure plans for expansion in clean energy will likely boost its performance. The company is, however, highly regulated and faces a variety of risks to its operations. NRG Energy has been expanding its operations through strategic acquisitions. The acqui ...

In the latest trading session, NRG Energy (NRG) closed at $76.43, marking a +1.38% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. It is also important to note the recent changes to analyst estimates for NRG Energy. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' pos ...

The latest trading session saw NRG Energy (NRG) ending at $79.26, denoting a +0.88% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.07%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%. Shares of the power company witnessed a loss of 1.75% over the previous month, beating the performance of the Utilities sector with its loss of 4.73% and underperforming the S&P 500's gain of 4.34%. Market participants will be closely followi ...