NRG Energy closed up 1.34% at $96.93, outpacing the S&P 500's 0.2% gain, while the Dow and Nasdaq each added 0.04%. The power company's stock has fallen 13.9% over the past month, worse than the Utilities sector's 5.76% loss and the S&P 500's 0.35% decline. For its upcoming earnings report, analysts expect NRG Energy to post earnings of $3.48 per share, a year-over-year increase of 26.55%, on revenue of $7.34 billion, down 3.93% from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $8.61 per share and revenue of $36.89 billion, representing changes of +6.69% and +20.12% from the prior year. NRG Energy currently carries a Zacks Rank of #4 (Sell) and trades at a Forward P/E ratio of 11.11, a discount to its industry average Forward P/E of 16.31.
NRG Energy Inc.Analysts project $3.48 quarterly EPS (+26.55% YoY) but revenue down 3.93%, with a Zacks Rank #4 (Sell) and forward P/E discount to industry.
