- NRG Energy (NYSE:NRG): Q2 GAAP EPS of $4.40 beats by $3.52.
- Revenue of $5.24B (+133.9% Y/Y) beats by $2.41B.
- Adjusted EBITDA of $656M vs. estimate of $18.8M.
- NRG is reaffirming its guidance range for 2021 with respect to Adjusted EBITDA of $2,400M - $2,600M, Adjusted Cash from Operations of $1,630M - $1,830M and Free Cash Flow before Growth Investments (FCFbG) of $1,440M - $1,640M which excludes the full year impact of Winter Storm Uri. NRG's FCFbG for the six months ended June 30, 2021 was $768 million.
- Press Release