NRG Climbs 1.34% as Investors Await Earnings Report

NRG Energy shares rose 1.34% to $96.93 in the latest session, outpacing the S&P 500’s 0.2% gain. The Dow and Nasdaq each added 0.04%.

Despite the daily rise, NRG has fallen 13.9% over the past month. The Utilities sector was down 5.76% in that period, while the S&P 500 slipped 0.35%.

Analysts expect NRG to report earnings of $3.48 per share in its upcoming results, up 26.55% from the same quarter a year earlier, according to Zacks consensus estimates. The revenue estimate is $7.34 billion, a 3.93% year-over-year decline.

For the full year, Zacks’ consensus forecast calls for earnings of $8.61 per share and revenue of $36.89 billion. Those estimates represent increases of 6.69% and 20.12%, respectively, from the prior year.