Core Viewpoint - NRG Energy is positioned well to continue its trend of beating earnings estimates, supported by a strong history of performance in recent quarters [1][2]. Earnings Performance - NRG has consistently surpassed earnings estimates, achieving an average beat of 27.32% over the last two quarters [2]. - In the last reported quarter, NRG earned $1.68 per share, exceeding the Zacks Consensus Estimate of $1.54 per share by 9.09% [3]. - For the previous quarter, NRG's actual earnings were $2.62 per share, significantly above the expected $1.80 per share, resulting in a surprise of 45.56% [3]. Earnings Estimates and Predictions - Estimates for NRG have been trending upward, indicating growing analyst confidence in the company's earnings potential [5]. - NRG currently has a positive Earnings ESP of +5.18%, suggesting bullish sentiment among analysts regarding its near-term earnings [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a strong likelihood of another earnings beat in the upcoming report [8]. Earnings ESP and Market Behavior - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9].
Will NRG (NRG) Beat Estimates Again in Its Next Earnings Report?