While Goldman Sachs (NYSE:GS) increased the short term earnings estimate of NRG Energy (NYSE:NRG), over the next several years they've lowered earnings per share estimates from 2012 through 2014.
For the 2010-2011 year, EPS were increased from $2.12 to $2.14, to $2.45 to $2.99.
In 2012, EPS are estimated to be from $2.62 to $2.51; 2013, $2.34 to $2.25; and 2014, $1.86 to $1.69.
An increase in depreciation expenses also had the giant financial institution lower its long-term outlook for the Northeast segment, while lowering operating income to $47 million a year.
NRG Energy's latest quarterly results showed them with earnings of $693 million. They also raised their guidance for the full year from $2.2 billion to $2.45-2.55 billion.
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