NRG Yield Class C (NYLD) Releases Earnings Results, Misses Expectations By $-0.02 EPS

NRG Yield Class C (NYLD) reported quarterly earnings results on Thursday, May-5-2016. The company reported $0.05 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.07. The company posted revenue of $220.00 million in the period, compared to analysts expectations of $222.00 million. The company’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.15 EPS.

Many Wall Street Analysts have commented on NRG Yield Class C. Shares were Reiterated by Deutsche Bank on Mar 1, 2016 to “Buy” and Lowered the Price Target to $ 16 from a previous price target of $17 .

NRG Yield Class C opened for trading at $15.84 and hit $16.33 on the upside on Wednesday, eventually ending the session at $16.02, with a gain of 1.07% or 0.17 points. The heightened volatility saw the trading volume jump to 7,66,683 shares. Company has a market cap of $2,929 M.

In a different news, on Nov 23, 2015, Mauricio Gutierrez (EVP and Chief Operating Ofc) purchased 4,000 shares at $14.43 per share price. According to the SEC, on Aug 7, 2015, Christopher S Sotos (director) purchased 2,000 shares at $16.70 per share price. On Aug 7, 2015, David Russell Hill (EVP and General Counsel) purchased 1,000 shares at $15.58 per share price, according to the Form-4 filing with the securities and exchange commission.

NRG Yield  Class C

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