NRG Energy (NRG) Reports Q1 EPS of $7.17, May Not Compare to Analyst Estimate of $0.64

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NRG Energy, Inc. Reports First Quarter 2022 Results

May 6, 2022 7:06 AM EDT

Reported $1.7 billion of net income Delivered $509 million of Adjusted EBITDA; in line with prior year adjusted for divestitures Executing $1 billion share repurchase program; $301 million completed through April 30, 2022 Maintaining 2022 Adjusted EBITDA and FCFbG guidance

HOUSTON--(BUSINESS WIRE)-- NRG Energy, Inc. (NYSE: NRG) today reported a first quarter 2022 Net Income of $1,736 million, or $7.17 per diluted common share, Adjusted EBITDA for the first quarter of $509 million, and Free Cash Flow before Growth (FCFbG) of $239 million.

"I am pleased by the strong performance of... More