NRG Energy Exceeds Profit Estimates
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natural gas pricesReuters
•NRG Energy posts Q3 core profit beat, raises annual forecast
82% Informative
U.S. natural gas prices fell in the quarter , making it cheaper to supply the fuel across NRG 's service territory.
The utility, however, reported a loss of $767 million in the third quarter , compared with a year-ago profit of $343 million .
The company now expects the 2024 adjusted profit forecast to be between $5.95 and $ 6.75 per share.
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