BUZZ-NRG Energy rises after Q4 profit beat

Reuters
26 Feb
BUZZ-NRG Energy rises after Q4 profit beat

** Utility NRG Energy's NRG.N shares rise 6.4% to $109 premarket

** Co beats Q4 profit estimate, helped by lower costs and higher demand for power

** Q4 adj profit of $1.56/share beats est of $1.29/share - data compiled by LSEG

** Co announces agreement with GE Vernova and Kiewit to bring up to 5.4 gigawatts (GW) of new gas-fired power generation online between 2029 and 2032

** Co reaffirms 2025 guidance range of $6.75-$7.75 for adjusted earnings per share, midpoint of which is above est of $7.19 - LSEG data

** As of last close, shares up 13.54% YTD

(Reporting by Katha Kalia)

((katha.kalia@thomsonreuters.com))

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