Investing.com - NRG reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NRG announced earnings per share of $0.46 on revenue of $8.51B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $8.13B.
NRG shares are down 28% from the beginning of the year, still down 8.78% from its 52 week high of $47.82 set on May 26.
NRG shares lost 1.65% in intra-day trade following the report.
NRG follows other major Utilities sector earnings this month
NRG's report follows an earnings beat by NextEra Energy on October 28, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
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