NRG Energy (NRG) Tops Q4 EPS by 25c

NRG Energy (NYSE: NRG) reported Q4 EPS of ($0.03), $0.25 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $0 versus the consensus estimate of $0 .

Updating 2017 Financial Guidance

As a result of the acquisition of the March 2017 Drop Down Assets, NRG Yield is updating its full year 2017 financial guidance10. The Company is also incorporating the impact from additional investments made in the distributed generation partnerships with NRG since the third quarter of 2016, the revised estimate for the outage at El Segundo Energy Center and other year-to-date operational changes. The Company is excluding the financial impact of the Walnut Creek Unit 1 outage referenced above given the likely recovery of a substantial portion of the outage cost through insurance proceeds. Financial guidance continues to be based on median renewable energy production estimates.

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

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