NRG Energy (NRG) Tops Q3 EPS by 7c
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NRG Energy, Inc. Reports Third Quarter Results, Initiates 2025 Guidance, and Introduces Adjusted Net Income and Adjusted EPS
November 8, 2024 7:12 AM ESTStrong third quarter 2024 financial and operating results; reaffirming recently raised 2024 guidance Increasing 2024 share repurchase plan to $925 million, and on target to achieve investment grade credit metrics by the end of 2024 Initiating 2025 financial guidance with long-term Adjusted Earnings per Share (Adjusted EPS) growth target of greater than 10% from raised 2024 guidance Announcing 2025 capital allocation with $1.355 billion of share repurchases; share repurchase authorization increased by $1 billion to $3.7 billion through 2025 Partnering with Renew Home and Google Cloud to create and operationalize 1 GW of Virtual Power Plant platform capacity in... More
