Core Insights - NRG Energy, Inc. reported first-quarter 2025 earnings of $2.62 per share, exceeding the Zacks Consensus Estimate of $1.80 by 45.6% and significantly up from 80 cents in the same quarter last year [1] - Total revenues reached $8.59 billion, surpassing the Zacks Consensus Estimate of $2.89 billion by 196.4% and increasing 15.5% from $7.43 billion in the prior-year quarter [1] Financial Performance - Adjusted EBITDA for the first quarter was $1.13 billion, a 29.4% increase from $0.87 billion a year ago [2] - Total operating costs and expenses were $7.44 billion, up 13.6% from $6.55 billion in the year-ago quarter [2] - Operating income totaled $1.13 billion compared to $0.87 billion in the year-ago quarter [2] Shareholder Returns - As of April 30, 2025, the company returned $532 million to shareholders through $445 million in share repurchases and $87 million in common stock dividends [3] - For 2025, NRG plans to return approximately $1.3 billion through share repurchases and common stock dividends of around $345 million [3] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents were $693 million, down from $966 million as of December 31, 2024 [4] - Long-term debt and finance leases amounted to $9.81 billion, remaining flat sequentially [4] - Cash provided by operating activities in the first three months of 2025 totaled $855 million, compared to $267 million in the year-ago quarter [4] - Capital expenditures were $217 million, up from $69 million in the year-ago quarter [4] Guidance - NRG Energy expects 2025 adjusted net income and adjusted EPS to be in the range of $1.33-$1.53 billion and $6.75-$7.75, respectively [5] - Free Cash Flow before Growth is estimated to be in the range of $1.975-$2.225 billion [5] - The company anticipates adjusted EBITDA to be in the range of $3.725-$3.975 billion [5]
NRG Energy's Q1 Earnings Surpass Estimates, Revenues Rise Y/Y