07.08.2014 13:18:20

NRG Energy Slips To Loss In Q2 - Quick Facts

(RTTNews) - NRG Energy Inc. (NRG) reported that its second-quarter loss available for common stockholders was $100 million, compared to net income of $121 million in the prior year quarter. Loss per share was $0.30 compared to earnings per share of $0.37 in the previous year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share for the quarter. Analysts' estimates typically exclude special items.

Operating income fell to $89 million from $287 million in the previous year.

Total operating revenues for the quarter rose to $3.621 billion from $2.929 billion last year. Wall Street expected revenues of $2.50 billion.

The company still expects adjusted EBITDA to be in the range of $3.20 billion-$3.40 billion for 2014.

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