Revenue Update on NRG Yield Class C(NYSE:NYLD)

NRG Yield Class C(NYSE:NYLD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 9, 2016. Company reported revenue of $258.00M. Analysts estimated a revenue of $274.02M. Earnings per share were $0.29. Analysts had estimated an EPS of $0.37.

NRG Yield Class C (NYLD) shares turned negative on Wednesdays trading session with the shares closing down -0.27 points or -1.58% at a volume of 8,59,875. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.0597. The peak price level was also seen at $17.0597 while the days lowest was $16.615. Finally the shares closed at $16.8. The 52-week high of the shares is $18.56 while the 52-week low is $10.49. According to the latest information available, the market cap of the company is $3,072 M.

Several Insider Transactions has been reported to the SEC. On Nov 23, 2015, Mauricio Gutierrez (EVP and Chief Operating Ofc) purchased 4,000 shares at $14.43 per share price.Also, 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.

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