NRG Energy, Inc. (NRG) is scheduled to release third-quarter 2024 results on Nov. 8, before market open. The company delivered an earnings surprise of 13.9% in the last reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted NRG's Q3 EarningsNRG Energy’s quarterly earnings are expected to have continued to benefit from the Vivint Smart Home servic ...

NRG Energy (NRG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this power company have returned -4.9%, compared to the Zacks S&P 500 composite's +1.8% change. During this period, the Zacks Utility - Electric Power industry, which NRG falls in, has lost 5.6%. The key question now is: What could be the stock's future direction? While media release ...

In the latest market close, NRG Energy (NRG) reached $88.73, with a +1.37% movement compared to the previous day. This change outpaced the S&P 500's 0.27% gain on the day. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%.The the stock of power company has fallen by 4.05% in the past month, lagging the Utilities sector's loss of 2.82% and the S&P 500's gain of 2%.The investment community will be closely monitoring the performance of NRG Energy in it ...

In the latest market close, NRG Energy (NRG) reached $86.45, with a +0.14% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.18%. On the other hand, the Dow registered a loss of 0.8%, and the technology-centric Nasdaq increased by 0.27%.Shares of the power company have depreciated by 0.87% over the course of the past month, underperforming the Utilities sector's loss of 0.14% and the S&P 500's gain of 4.46%.Analysts and investors alike will be keeping a cl ...

NRG Energy (NRG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this power company have returned +9.6%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Utility - Electric Power industry, which NRG falls in, has lost 2.6%. The key question now is: What could be the stock's future direction? Although media reports or ...

The most recent trading session ended with NRG Energy (NRG) standing at $89.14, reflecting a -1.04% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.76%. Elsewhere, the Dow lost 0.75%, while the tech-heavy Nasdaq lost 1.01%. Shares of the power company have appreciated by 11.51% over the course of the past month, outperforming the Utilities sector's loss of 2.2% and the S&P 500's gain of 4.31%. The investment community will be closely monitoring ...

Group 1 - Shares of Constellation Energy, NRG Energy, and Vistra experienced significant declines on Wednesday, raising questions about the sustainability of their recent momentum in the utilities sector [1][2][3] - The declines followed record highs achieved at the end of the previous week, driven by optimism regarding growth opportunities from increased energy demand for artificial intelligence [2][3] - Analysts from BTIG suggested that utilities could face a correction of approximately 7% to 10%, citing stretched valuations relative to historical levels [4][5] Group 2 - Constellation Energy was the worst performer in the S&P 500 on Wednesday, with a drop of 6.1%, while NRG Energy and Vistra saw declines of 5.3% and nearly 3%, respectively [6] - Despite the recent declines, all three companies remain in positive territory for 2024, with Constellation shares more than doubling, NRG stock up over 70%, and Vistra being the top performer in the S&P 500 with more than tripled value since the start of the year [7]

Company Performance - NRG Energy's stock closed at $94.29, reflecting a -1.11% change from the previous day's closing price, underperforming the S&P 500, which fell by 0.96% [1] - Over the past month, NRG Energy shares have increased by 24.62%, while the Utilities sector and S&P 500 gained 3.35% and 4.3%, respectively [1] Earnings Forecast - NRG Energy is expected to report an EPS of $1.71, representing a 5.56% increase from the same quarter last year, with projected quarterly revenue of $5.43 billion, down 31.68% year-over-year [2] - For the entire year, the Zacks Consensus Estimates predict earnings of $6.16 per share and revenue of $25.1 billion, indicating increases of +42.59% and decreases of -12.93% compared to the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for NRG Energy reflect changing short-term business dynamics, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks NRG Energy as 3 (Hold) [6] Valuation Metrics - NRG Energy has a Forward P/E ratio of 15.48, which is lower than the industry's average Forward P/E of 17.64, suggesting a valuation discount [7] - The Utility - Electric Power industry, part of the Utilities sector, holds a Zacks Industry Rank of 49, placing it in the top 20% of over 250 industries [7]

Core Viewpoint - NRG Energy has shown strong stock performance recently, with a +16.2% return over the past month, significantly outperforming the S&P 500 composite's +1.2% and the Zacks Utility - Electric Power industry's +5.4% [1] Earnings Estimates Revisions - NRG is expected to post earnings of $1.71 per share for the current quarter, reflecting a year-over-year increase of +5.6%, with a consensus estimate change of +34.2% over the last 30 days [4] - The consensus earnings estimate for the current fiscal year is $6.16, indicating a year-over-year change of +42.6%, with a +23.7% change in estimates over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $6.65, representing a +7.9% change from the previous year, with a +5.1% change in estimates over the past month [5] Revenue Growth Projections - The consensus sales estimate for the current quarter is $5.43 billion, indicating a year-over-year decline of -31.7% [8] - For the current fiscal year, the revenue estimate is $25.1 billion, reflecting a -12.9% change, while the next fiscal year's estimate is $27.29 billion, indicating a +8.7% change [8] Recent Performance and Surprise History - NRG reported revenues of $6.66 billion in the last quarter, a year-over-year increase of +4.9%, with an EPS of $1.48 compared to $1.10 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of $4.48 billion by +48.58%, and the EPS surprise was +13.85% [10] - Over the last four quarters, NRG surpassed consensus EPS estimates three times and revenue estimates two times [10] Valuation Metrics - NRG has a Zacks Value Style Score of B, indicating it is trading at a discount to its peers [14] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued compared to its historical values and peers [12][13] Conclusion - The information presented suggests that NRG may perform in line with the broader market in the near term, as indicated by its Zacks Rank 3 [15]

Company Performance - NRG Energy's stock closed at $92.65, reflecting a +1.7% increase, outperforming the S&P 500's decline of 0.93% [1] - Over the past month, NRG Energy shares have risen by 7.16%, surpassing the Utilities sector's gain of 4.4% and the S&P 500's gain of 2.17% [1] Earnings Expectations - The upcoming earnings report for NRG Energy is expected to show an EPS of $1.71, which is a 5.56% increase compared to the same quarter last year [2] - Quarterly revenue is anticipated to be $5.56 billion, representing a decrease of 30.07% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $6.16 per share, indicating a +42.59% change from the prior year, while revenue is expected to be $25.1 billion, down 12.93% [3] Analyst Sentiment - Recent changes in analyst estimates for NRG Energy reflect shifting business dynamics, with positive adjustments indicating optimism regarding the company's profitability [3] - The Zacks Consensus EPS estimate has increased by 23.71% over the last 30 days, suggesting a favorable outlook [5] Valuation Metrics - NRG Energy has a Forward P/E ratio of 14.79, which is lower than the industry average Forward P/E of 17.91 [6] - The Utility - Electric Power industry holds a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [6] Zacks Rank System - NRG Energy currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook based on the proprietary model that considers estimate changes [5]