NRG(US:NRG) ZACKSยท2024-10-01 23:06Company 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]