NRG Energy (NRG) Q1 Earnings Beat Estimates, Sales Decline Y/Y

NRG Energy, Inc. (NRG) reported first-quarter 2024 earnings of 80 cents per share, which beat the Zacks Consensus Estimate of 51 cents by 56.9%. However, the bottom line declined 7% from the year-ago quarter’s figure of 86 cents.RevenuesTotal revenues came in at $7.43 billion, down 3.8$7.72 billion. Highlights of the ReleaseThe company recorded adjusted EBITDA of $849 million, up 31.4$646 million recorded a year ago.Operating costs and expenses totale ...