NRG Energy, Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component NRG Energy, Inc. (NYSE:NRG) will unveil its latest earnings on Thursday, May 3, 2012. NRG Energy owns and operates power generation facilities and is involved in the transacting of fuel and transportation services and related products.

NRG Energy, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 14 cents per share, a swing from profit of 28 cents in the year-earlier quarter. During the past three months, the average estimate has moved down from a loss of 10 cents. Between one and three months ago, the average estimate moved down. It has risen from a loss of 15 cents during the last month. For the year, analysts are projecting net income of 78 cents per share, a rise of 6.8% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 13 cents, coming in at a loss of 48 cents a share versus the estimate of net loss of 61 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 10% in revenue from the year-earlier quarter to $2.2 billion.

Analyst Ratings: Analysts are optimistic about this stock, with seven analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, the company’s loss widened to a loss of a $109 million (44 cents a share) from a loss of $15 million (6 cents) a year earlier, but beat analyst expectations. Revenue rose 17.4% to $2.13 billion from $1.82 billion.

Key Stats:

Revenue rose in the fourth quarter of the last fiscal year after seeing a drop the quarter before. In the third quarter of the last fiscal year, revenue fell 0.4%.

Stock Price Performance: Between April 23, 2012 and April 27, 2012, the stock price rose $1.28 (8.3%), from $15.35 to $16.63. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011, when shares rose for six straight days, increasing 8.8% (+$2) over that span. It saw one of its worst periods between November 11, 2011 and November 25, 2011 when shares fell for 10 straight days, dropping 14.6% (-$3.20) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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