NRG Energy (NRG) Misses Q1 EPS by 10c; 'Maintaining 2018 Financial Guidance'

NRG Energy (NYSE: NRG) reported Q1 EPS of $0.16, $0.10 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $0 versus the consensus estimate of $2.47 billion.

• Closed the Drop Down acquisition of Buckthorn Solar from NRG Energy, Inc. (NYSE: NRG)
• Maintaining 2018 financial guidance
• Refinanced the $495 million Revolving Credit Facility; extended maturity and improved cost of borrowing
• Declared 3.7% quarterly dividend increase to $0.309 per share in second quarter 2018; continue to target annualized dividend per share growth of 15% through 2018
• Transaction with Global Infrastructure Partners (GIP) remains on track to close in the second half of 2018

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

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