Avondale Partners Downgrades NRG Yield (NYLD) to Market Perform
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August 9, 2016 7:51 AM EDT
NRG Yield, Inc. (NYSE: NYLD) announced a $150,000,000 At-The-Market (ATM) equity offering program and announced that it and NRG Yield LLC entered into an Equity Distribution Agreement (the Agreement) Barclays Capital Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and RBC Capital Markets, LLC (collectively, the Agents). Pursuant to the terms of the Agreement, the Company may offer and sell shares of the Companys Class C common stock, par value $0.01 per share, from time to time through the Agents, as the Companys sales... More
August 9, 2016 6:14 AM EDT
NRG Yield (NYSE: NYLD) reported Q2 EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $258 million versus the consensus estimate of $270.81 million.
For earnings history and earnings-related data on NRG Yield (NYLD) click here.
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