Investing.com - NRG reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NRG announced earnings per share of $0.46 on revenue of $8.51B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $8.13B.
NRG shares are down 28% from the beginning of the year , still down 8.78% from its 52 week high of $47.82 set on Thursday, May 26, 2022.
NRG shares lost 1.65% in intra-day trade the report.
NRG follows other major Utilities sector earnings this month
NRG's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar