Summary by Moomoo AI
NRG Energy has increased its 2024 financial guidance, raising Adjusted EBITDA targets to $3,525-3,675 million from $3,300-3,550 million, representing a $175 million increase at midpoint. The company also elevated its Free Cash Flow before Growth guidance to $1,975-2,125 million from $1,825-2,075 million, marking a $100 million improvement at midpoint.The revised guidance reflects robust financial and operational execution throughout the year, highlighting the strength of NRG's integrated platform and consumer strategy. The company maintains its position as a leading energy and home services provider, operating across the United States and Canada.NRG plans to report its Q3 2024 financial results on November 8, 2024, where management will present quarterly results and introduce 2025 financial guidance during a conference call at 9:00 a.m. EST. The presentation materials and webcast will be accessible through the company's investor relations website.
