NRG Energy, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component NRG Energy, Inc. (NYSE:NRG) will unveil its latest earnings on Thursday, August 4, 2011. NRG Energy, Inc. owns and operates power generation facilities and is involved in the transacting in trading of fuel and transportation services and related products. Xcel Energy Inc Earnings Cheat Sheet: Profit Rises Again>>

NRG Energy, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 37 cents per share, a decline of 54.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 16 cents. Between one and three months ago, the average estimate moved up, and has risen from 21 cents during the last month. For the year, analysts are projecting net income of 92 cents per share, a decline of 50% from last year.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the first quarter, the company reported profit of 28 cents per share versus a mean estimate of net income of 15 cents per share. In the fourth quarter of the last fiscal year, the company missed estimates by 46 cents.

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Wall St. Revenue Expectations: On average, analysts predict $2.43 billion in revenue this quarter, a rise of 14.1% from the year ago quarter. Analysts are forecasting total revenue of $9.98 billion for the year, a rise of 12.8% from last year’s revenue of $8.85 billion.

Analyst Ratings: Analysts are bullish on this stock with seven analysts rating it as a buy, none rating it as a sell and four rating it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 9.9% to $2 billion in first quarter. The figure fell 15.2% in the fourth quarter of the last fiscal year from the year earlier, dropped 7.9% in third quarter of the last fiscal year from the year-ago quarter and 4.6% in the second quarter of the last fiscal year.

Competitors to Watch: Dynegy Inc. (NYSE:DYN), Constellation Energy Group, Inc. (NYSE:CEG), The AES Corporation (NYSE:AES), Genon Energy Inc (NYSE:GEN), Calpine Corporation (NYSE:CPN), Edison International (NYSE:EIX), NextEra Energy, Inc. (NYSE:NEE), Xcel Energy Inc. (NYSE:XEL), The Southern Company (NYSE:SO), and Exelon Corporation (NYSE:EXC).

Stock Price Performance: During July 25, 2011 to July 29, 2011, the stock price had dropped 89 cents (-3.5%) from $25.41 to $24.52. The stock price saw one of its best stretches over the last year between January 19, 2011 and January 27, 2011 when shares rose for seven-straight days, rising 7.4% (+$1.48) over that span. It saw one of its worst periods between October 20, 2010 and October 28, 2010 when shares fell for seven-straight days, falling 3.7% (-76 cents) over that span. Shares are up $4.98 (+25.5%) year to date.

(Source: Xignite Financials)

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