NRG Energy (NYSE: NRG) reported earnings on Feb. 27. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), NRG Energy whiffed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share expanded. GAAP earnings per share expanded.
Margins increased across the board.
Revenue details
NRG Energy reported revenue of $2.06 billion. The three analysts polled by S&P Capital IQ looked for revenue of $2.75 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.19. The five earnings estimates compiled by S&P Capital IQ predicted -$0.08 per share. Non-GAAP EPS were $0.19 for Q4 versus -$0.48 per share for the prior-year quarter. GAAP EPS were $2.06 for Q4 compared to -$0.48 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 28.8%, 810 basis points better than the prior-year quarter. Operating margin was 6.1%, 570 basis points better than the prior-year quarter. Net margin was 25.0%, much better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $3.37 billion. On the bottom line, the average EPS estimate is -$0.15.
Next year's average estimate for revenue is $14.30 billion. The average EPS estimate is $0.94.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 700 members out of 717 rating the stock outperform, and 17 members rating it underperform. Among 207 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 204 give NRG Energy a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NRG Energy is outperform, with an average price target of $25.88.
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