NRG Energy reports Q1 adjusted EPS $2.68, consensus $1.67

Reports Q1 revenue $8.585B, consensus $8.28B. “NRG achieved exceptional financial and operational performance in the first quarter. Every part of our organization operated at a high level to meet customer and market needs amidst the backdrop of increasing power demand,” said Larry Coben, Chair, President, and Chief Executive Officer. “We are also increasing our gearing to tightening power markets and to better take advantage of the demand supercycle through the acquisition of assets from LS Power. This highly accretive transaction transforms our generation fleet, enhances our ability to serve customers, and drives long-term value for our shareholders.”