NRG Energy Inc Reports 63% Retreat In Q3 Earnings

(RTTNews) - NRG Energy Inc (NRG) revealed earnings for third quarter that decreased compared to the same period last year.

The company said its bottom line declined to $67 million, or $0.18 per share. This was down from $182 million, or $0.48 per share, in last year's third quarter.

The company said revenue for the quarter fell 3.1% to $4.43 billion. This was down from $4.57 billion last year.

NRG Energy Inc earnings at a glance:

-Earnings (Q3): $67 Mln. vs. $182 Mln. last year. -Earnings Decline (Y-o-Y): -63.2% -EPS (Q3): $0.18 vs. $0.48 last year. -EPS Decline (Y-o-Y): -62.5% -Revenue (Q3): $4.43 Bln vs. $4.57 Bln last year. -Revenue Change (Y-o-Y): -3.1%