NRG Energy, Inc. (NRG) is a prominent utility company based in Houston, Texas. Commanding a market cap of $15.5 billion, it produces, sells, and delivers energy and related services to residential, industrial, and commercial consumers in the U.S. The utility company is expected to announce its fiscal second-quarter earnings for 2024 on Thursday, Aug. 8, before the market opens.
Ahead of the event, analysts expect NRG Energy to report a profit of $1.30 per share, up 18.2% from $1.10 per share in the year-ago quarter. The company has surpassed the bottom-line estimates in three of the last four quarters while missing on one other occasion. In the last reported quarter, NRG Energy’s EPS of $0.80 failed to surpass the consensus estimate by 13%.
