NRG Yield Class C (NYLD) Releases Earnings Results, Beats Expectations By $0.01 EPS

NRG Yield Class C (NYLD) reported quarterly earnings results on Tuesday, Aug-9-2016. The company said it had a profit of $0.29 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.28. The company posted revenue of $258.00 million in the period, compared to analysts expectations of $272.09 million. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

NRG Yield Class C closed down -0.31 points or -1.71% at $17.77 with 4,77,373 shares getting traded on Monday. Post opening the session at $18.05, the shares hit an intraday low of $17.73 and an intraday high of $18.33 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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