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NRG Energy (NYSE:NRG) unveils its next round of earnings this Wednesday, August 7. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
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Based on NRG Energy management projections, analysts predict EPS of 76 cents on revenue of $2.62 billion.
In the same quarter last year, NRG Energy announced EPS of 31 cents on revenue of $2.92 billion. If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 145.16%. Sales would have fallen 10.34% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 0.580 | 0.03 | 1.31 | 0.85 |
| EPS Actual | 0.340 | -0.42 | 0.94 | 0.31 |
Stock Performance
Over the last 52-week period, shares are up 3.4%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on NRG Energy stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
NRG Energy is scheduled to hold a conference call at 9:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/yvdpf474
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.