NRG Energy (NRG) Misses Q3 EPS by 16c

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Go back to NRG Energy (NRG) Misses Q3 EPS by 16c

NRG Energy, Inc. Reports Third Quarter 2020 Results

November 5, 2020 7:09 AM EST

Narrowing 2020 Adjusted EBITDA and increasing FCFbG guidance; maintaining 2021 Adjusted EBITDA and lowering FCFbG guidance due to deferral of certain items into 2021 Direct Energy acquisition on track to close by year end; updated financing plan no longer requires new equity issuance Ongoing portfolio optimization, targeting a minimum $250 million equity proceed over next 6-12 months

PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Energy, Inc. (NYSE: NRG) today reported third quarter 2020 income from continuing operations of $249 million, or $1.02 per diluted common share and Adjusted EBITDA for the... More