With a market cap of $31 billion, NRG Energy, Inc. (NRG) is a leading energy company primarily engaged in the generation and sale of electricity and related energy services. Founded in 1989, the Texas-based company operates a diverse portfolio of power generation assets, including natural gas, coal, nuclear, solar, and wind facilities, serving both residential and commercial customers across the United States.
The company is set to report its Q3 earnings before the market opens on Thursday, Nov. 6. Ahead of the event, analysts expect NRG to report an EPS of $2.13 per share, up 15.1% from $1.85 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in three of the past four quarters, while missing the mark in the other quarter.
