NRG Energy's Q4 Earnings and Revenues Surpass Estimates

NRG Energy, Inc. NRG reported fourth-quarter 2024 earnings of $1.52 per share, which surpassed the Zacks Consensus Estimate of 95 cents by 60%. The bottom line also increased 33.3% from the year-ago quarter’s figure of $1.14.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of NRG EnergyTotal revenues were $6.82 billion, which beat the Zacks Consensus Estimate of $6.06 billion by 12.6%. The top line also increased 0.1% from the prior-year quarter’s level of $6.81 billion.Full-year 2024 revenues totaled $28.1 billion compared with $28.8 billion last year. NRG Energy, Inc. Price, Consensus and EPS Surprise NRG Energy, Inc. price-consensus-eps-surprise-chart | NRG Energy, Inc. QuoteHighlights of NRG’s Earnings ReleaseThe company recorded adjusted EBITDA of $902 million in the fourth quarter, up 4.8% from $861 million a year ago period.Total operating costs and expenses in 2024 amounted to $25.9 billion, down 13.6% from $30 billion in the prior year.Operating income for the year totaled $2.4 billion compared with $0.38 billion last year.In 2024, the company returned $1.263 billion to shareholders through $925 million in share repurchases, exceeding its original share repurchase target by $100 million, and $338 million in common stock dividends.NRG’s Financial HighlightsAs of Dec. 31, 2024, NRG had cash and cash equivalents worth $966 million compared with $541 million as of Dec. 31, 2023.As of Dec. 31, 2024, long-term debt and finance leases amounted to $9.81 billion compared with $10.13 billion as of Dec. 31, 2023.Cash provided by operating activities in 2024 totaled $2.31 billion against $0.22 billion cash used last year.Capital expenditures totaled $472 million in 2024 compared with $598 million last year.NRG’s GuidanceNRG Energy expects 2025 adjusted net income and adjusted EPS to be in the range of $1.33-$1.53 billion and $6.75-$7.75, respectively.Free Cash Flow before Growth is estimated to be in the range of $1.975-$2.225 billion.The company anticipates adjusted EBITDA to be in the range of $3.725-$3.975 billion.NRG’s Zacks RankThe company has a Zacks Rank #4 (Sell) at present.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent Utility ReleasesEversource Energy ES reported fourth-quarter 2024 adjusted earnings of $1.01 per share, which surpassed the Zacks Consensus Estimate of 99 cents by 2%.ES’ long-term (three to five years) earnings growth rate is 5.66%. The Zacks Consensus Estimate for 2025 sales is pinned at $12.91 billion, implying a year-over-year increase of 8.5%.DTE Energy Company DTE reported fourth-quarter 2024 operating earnings per share of $1.51, which beat the Zacks Consensus Estimate of $1.46 by 3.4%.DTE’s long-term earnings growth rate is 7.57%. The Zacks Consensus Estimate for 2025 sales is pinned at $12.98 billion, implying a year-over-year increase of 4.2%.Exelon Corporation’s EXC fourth-quarter 2024 earnings of 64 cents per share surpassed the Zacks Consensus Estimate of 59 cents by 8.5%.EXC’s long-term earnings growth rate is 5.71%. The Zacks Consensus Estimate for 2025 sales is pinned at $23.8 billion, implying a year-over-year increase of 3.4%. Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exelon Corporation (EXC): Free Stock Analysis Report NRG Energy, Inc. (NRG): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report Eversource Energy (ES): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks