NRG Energy Shares Sink 4.5%, Hit by Massive Q1 Earnings Miss

NRG Energy reported first-quarter 2026 adjusted earnings of $1.49 per share.

This result fell significantly short of analyst forecasts of $2.78 per share.

Revenue reached $10.26 billion, beating market expectations.

Mild Texas weather and high Eastern supply costs drove the profit miss.

NRG Energy shares declined by more than 4.5% following the news.

The company reaffirmed its full-year financial guidance for 2026.