NRG Energy (NRG) Q4 Earnings Beat, Revenues Lag

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[{"selector":"#anim-274b4d84-91c2-4da3-8c85-922be7a544ed","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Revenues Revenues were $6.81 billion, 12.2% below the Zacks Consensus Estimate of $7.76 billion. It fell 13.4% from $7.86 billion in the previous quarter. Revenues dropped 8.6% to $28.8 billion in 2023 from $31.5 billion. NRG Energy Price, Consensus, EPS Surprise Price consensus EPS surprise chart | NRG Energy, Inc. Quote

[{"selector":"#anim-d1265975-dc57-42bf-9a2d-e606b2e8596b","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] Highlights of Release From $463 million in the year-ago quarter, adjusted EBITDA rose 82.3% to $844 million. Operating expenditures and expenses rose 1.3% to $30 billion in 2023 from $29.6 billion in 2022. In 2022, operating income was $2.02 billion; in 2023, $384 million.

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AVANGRID, Inc. AGR beat the Zacks Consensus Estimate of 94 cents per share by 3.2% with fourth-quarter 2023 profits of 97 cents. Long-term profit growth for AGR is 3.63%. The Zacks Consensus Estimate for 2024 profits is $2.25 per share, up 7.7% year-over-year.

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