NRG: 3Q Earnings Snapshot
PRINCETON, N.J. (AP) _ NRG Energy Inc. (NRG) on Thursday reported a third-quarter loss of $72 million, after reporting a profit in the same period a year earlier.
The Princeton, New Jersey-based company said it had a loss of 24 cents per share. Earnings, adjusted to account for discontinued operations, were 94 cents per share.
The power company posted revenue of $3.06 billion in the period.
NRG shares have risen 35 percent since the beginning of the year, while the Standard & Poor’s 500 index has increased 5 percent. The stock has increased 35 percent in the last 12 months.