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NRG Energy Raises Its 2024 Financial Guidance on Solid Growth
NRGNRG(NRG) ZACKS·2024-09-26 22:17

NRG Energy, Inc. (NRG) announced that it has updated its financial guidance for 2024. This indicates an increase in both its adjusted Earnings before Interest, Tax, Depreciation, and Amortization ("EBITDA") and Free Cash Flow before Growth (FCFbG) projections. The guidance for adjusted EBITDA has been raised to $3.525-$3.675 billion from $3.3-$3.55 billion, marking a midpoint increase of $175 million. The FCFbG projection has been increased to the range of $1.975-$2,125 billion from $1.825-$2.075 billion, r ...