NRG Energy, Inc. (NRG - Free Report) is scheduled to release fourth-quarter 2019 results on Feb 27, before the opening bell. The company has trailing four-quarter positive earnings surprise of 12.62%, on average.
Let’s discuss the factors that are likely to get reflected in the upcoming quarterly results.
Factors to Consider
Higher amount of cash flow driven by receivables, related to third-quarter retail EBITDA was realized during the fourth quarter. This is likely to have boosted the company’s fourth-quarter performance.
The company’s steady transformation plan, margin-enhancement related to full contribution from the Stream acquisition, debt reduction and share buyback initiatives are expected to have contributed to fourth-quarter earnings.
Warmer-than-normal weather in October is likely to have boosted the company’s fourth-quarter performance.
Q4 Expectations
The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at $1.37 per share, which calls for year-over-year surge of 953.85%.
Quantitative Model Predicts
Our proven model predicts an earnings beat for NRG Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings ESP: The company’s Earnings ESP is +7.04%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, NRG Energy carries a Zacks Rank #3.
Other Stocks to Consider
Investors can consider other players from the same sector that have the right combination of elements to post an earnings beat in the to-be-reported quarter.
NiSource, Inc (NI - Free Report) is set to release fourth-quarter 2019 numbers on Feb 26. It has an Earnings ESP of +2.38% and carries a Zacks Rank #3.
Public Service Enterprise Group Incorporated (PEG - Free Report) is scheduled to release fourth-quarter 2019 results on Feb 26. It has an Earnings ESP of +2.01% and a Zacks Rank #3.
The AES Corporation (AES - Free Report) is set to release fourth-quarter 2019 numbers on Feb 28. It has an Earnings ESP of +3.82% and carries a Zacks Rank #3.
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NRG Energy, Inc. (NRG - Free Report) is scheduled to release fourth-quarter 2019 results on Feb 27, before the opening bell. The company has trailing four-quarter positive earnings surprise of 12.62%, on average.
Let’s discuss the factors that are likely to get reflected in the upcoming quarterly results.
Factors to Consider
Higher amount of cash flow driven by receivables, related to third-quarter retail EBITDA was realized during the fourth quarter. This is likely to have boosted the company’s fourth-quarter performance.
The company’s steady transformation plan, margin-enhancement related to full contribution from the Stream acquisition, debt reduction and share buyback initiatives are expected to have contributed to fourth-quarter earnings.
Warmer-than-normal weather in October is likely to have boosted the company’s fourth-quarter performance.
Q4 Expectations
The Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at $1.37 per share, which calls for year-over-year surge of 953.85%.
Quantitative Model Predicts
Our proven model predicts an earnings beat for NRG Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings ESP: The company’s Earnings ESP is +7.04%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Currently, NRG Energy carries a Zacks Rank #3.
Other Stocks to Consider
Investors can consider other players from the same sector that have the right combination of elements to post an earnings beat in the to-be-reported quarter.
NiSource, Inc (NI - Free Report) is set to release fourth-quarter 2019 numbers on Feb 26. It has an Earnings ESP of +2.38% and carries a Zacks Rank #3.
Public Service Enterprise Group Incorporated (PEG - Free Report) is scheduled to release fourth-quarter 2019 results on Feb 26. It has an Earnings ESP of +2.01% and a Zacks Rank #3.
The AES Corporation (AES - Free Report) is set to release fourth-quarter 2019 numbers on Feb 28. It has an Earnings ESP of +3.82% and carries a Zacks Rank #3.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.7% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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