NRG Energy Earnings: Here’s Why the Stock is Up Now

NRG Energy, Inc. (NYSE:NRG) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 0.04%.

NRG Energy, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $2.06 in the quarter versus EPS of $-0.48 in the year-earlier quarter.

Revenue: Decreased 3.24% to $2.06 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: NRG Energy, Inc. reported adjusted EPS income of $2.06 per share. By that measure, the company beat the mean analyst estimate of $-0.15. It missed the average revenue estimate of $2.55 billion.

Quoting Management: “NRG withstood a weak commodity price environment in 2012 to achieve solid financial results and robust free cash flow,” commented David Crane, NRG’s President and Chief Executive Officer. “With the GenOn integration now well underway and proceeding smoothly we are in a strong position to both reinvest in the growth of our own businesses and step up our capital allocation program for 2013.”

Key Stats (on next page)…