NRG Yield (NYLD) Reports Q1 Loss Per Share of 3c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/13/2026

1. CSCO
2. CBRS
3. COHR
4. SPY
5. NVDA
6. WYFI
7. STUB
8. EAT
9. BTGO
10. GO

May 2, 2017 6:43 AM EDT

NRG Yield (NYSE: NYLD) reported Q1 EPS of ($0.03), may not compare to the analyst estimate of $0.34. Revenue for the quarter came in at $218 million versus the consensus estimate of $264.7 million.

Updating 2017 Financial Guidance
As a result of the acquisition of the March 2017 Drop Down Assets, NRG Yield is updating its full year 2017 financial guidance10. The Company is also incorporating the impact from additional investments made in the distributed generation partnerships with NRG since the third quarter of 2016, the revised estimate for the outage at El Segundo Energy Center and other year-to-date operational changes. The Company is excluding the financial impact of the Walnut Creek Unit 1 outage referenced above given the likely recovery of a substantial portion of the outage cost through insurance proceeds. Financial guidance continues to be based on median renewable energy production estimates.
($ millions)
Prior 2017 Full Year Guidance
Updated 2017 Full Year Guidance
Net Income
110
140
Adjusted EBITDA
865
920
Cash from Operating Activities
548
557
Cash Available for Distribution (CAFD)
255
255
NRG Yield is targeting dividend per share growth of 15% annually on each of its Class A and Class C common stock through 2018.

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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Earnings, Definitive Agreement