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NRG Energy's Q1 Earnings Surpass Estimates, Revenues Rise Y/Y

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NRG Energy, Inc. (NRG - Free Report) reported first-quarter 2025 earnings of $2.62 per share, which surpassed the Zacks Consensus Estimate of $1.80 by 45.6%. In the year-ago quarter, the company reported earnings of 80 cents. (See the Zacks Earnings Calendar to stay ahead of market-making news.)

Revenues of NRG Energy

Total revenues were $8.59 billion, which beat the Zacks Consensus Estimate of $2.89 billion by 196.4%. The top line also increased 15.5% from the prior-year quarter’s level of $7.43 billion.

 

NRG Energy, Inc. Price, Consensus and EPS Surprise

NRG Energy, Inc. Price, Consensus and EPS Surprise

NRG Energy, Inc. price-consensus-eps-surprise-chart | NRG Energy, Inc. Quote

Highlights of NRG’s Earnings Release

The company recorded adjusted EBITDA of $1.13 billion in the first quarter, up 29.4% from $0.87 billion registered a year ago.

Total operating costs and expenses were $7.44 billion, up 13.6% from $6.55 billion in the year-ago quarter.

Operating income for the quarter totaled $1.13 billion compared with $0.87 billion in the year-ago quarter.

Through April 30, 2025, the company returned $532 million to shareholders through $445 million in share repurchases and $87 million in common stock dividends. In 2025, the company plans to return approximately $1.3 billion through share repurchases and common stock dividends of around $345 million.

NRG’s Financial Highlights

As of March 31, 2025, NRG had cash and cash equivalents worth $693 million compared with $966 million as of Dec. 31, 2024.

As of March 31, 2025, long-term debt and finance leases amounted to $9.81 billion, which remained flat sequentially.

Cash provided by operating activities in the first three months of 2025 totaled $855 million compared with $267 million in the year-ago quarter.

Capital expenditures totaled $217 million compared with $69 million in the year-ago quarter.

NRG’s Guidance

NRG Energy expects 2025 adjusted net income and adjusted EPS to be in the range of $1.33-$1.53 billion and $6.75-$7.75, respectively.

Free Cash Flow before Growth is estimated to be in the range of $1.975-$2.225 billion.

The company anticipates adjusted EBITDA to be in the range of $3.725-$3.975 billion.

NRG’s Zacks Rank

The company has a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Utility Releases

IDACORP (IDA - Free Report) reported first-quarter 2025 earnings of $1.10 per share, which surpassed the Zacks Consensus Estimate of $1.03 by 6.8%.

IDA’s long-term (three to five years) earnings growth rate is 8.4%. The Zacks Consensus Estimate for 2025 earnings is pinned at $5.79 per share, which implies a year-over-year improvement of 5.3%.

Exelon Corporation’s (EXC - Free Report) first-quarter 2025 earnings of 92 cents per share surpassed the Zacks Consensus Estimate of 85 cents by 8.3%.

EXC’s long-term earnings growth rate is 6.42%. The Zacks Consensus Estimate for 2025 sales is pinned at $24.01 billion, which indicates year-over-year growth of 4.3%.

Vistra (VST - Free Report) reported first-quarter 2025 earnings of 46 cents per share, in line with the Zacks Consensus Estimate. In the year-ago quarter, the company reported earnings of 23 cents per share.

VST’s long-term earnings growth rate is 11.1%. The Zacks Consensus Estimate for 2025 earnings is pinned at $5.90 per share, which implies a year-over-year decline of 15.7%.

 


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