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Barchart
Kritika Sarmah

NRG Energy's Quarterly Earnings Preview: What You Need to Know

With a market cap of $20.1 billion, NRG Energy, Inc. (NRG) operates as an energy and home services company in the United States and Canada. Founded in 1989 and headquartered in Houston, Texas, the company operates through Texas, East, West/Services/Other, Vivint Smart Home, and Corporate Activities segments.

The company is set to report its Q1 earnings on Tuesday, May 6. Ahead of the event, analysts expect NRG to report an EPS of $0.72 per share, down 10% from $0.80 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in two of the past four quarters, while missing in the other two occasions. Its EPS of $1.52 in the recent quarter surpassed the analysts’ expectations by 60%.

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