AP NEWS
Related topics

NRG Yield: 2Q Earnings Snapshot

August 2, 2018

PRINCETON, N.J. (AP) _ NRG Yield Inc. (NYLD) on Thursday reported second-quarter profit of $79 million.

The Princeton, New Jersey-based company said it had net income of 61 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The company created by NRG Energy to acquire and operate natural gas, solar and wind plants posted revenue of $307 million in the period.

NRG Yield shares have dropped almost 2 percent since the beginning of the year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NYLD at https://www.zacks.com/ap/NYLD

AP RADIO
Update hourly