NRG Energy (NRG) Tops Q1 EPS Views

NRG Energy (NYSE: NRG) reported Q1 EPS of $0.24, $0.18 better than the analyst estimate of $0.06. Revenue for the quarter came in at $3.23 billion versus the consensus estimate of $3.26 billion.

Operational and Strategic Update

• Announcing the conclusion of the GreenCo process:
  • Restructuring and streamlining of residential solar business; and
  • Agreed to sell majority interest in EVgo to Vision Ridge Partners
• NRG intends to offer the remaining 51.05% of CVSR it owns to NRG Yield in the second quarter

For earnings history and earnings-related data on NRG Energy (NRG) click here.

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