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RRI Remora Royalties, Inc. (delisted)

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Share Name Share Symbol Market Type
Remora Royalties, Inc. (delisted) NASDAQ:RRI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

RRI Energy: Expects To Report 2Q Loss Of $185 Million

28/07/2009 7:22pm

Dow Jones News


Remora Royalties, Inc. (delisted) (NASDAQ:RRI)
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Wholesale power marketer RRI Energy Inc. (RRI) on Tuesday said it expects to report a second-quarter loss from continuing operations before income taxes of $185 million, compared to income of $144 million for the second quarter of 2008.

RRI plans to report its second-quarter results on Monday.

Analysts on average expect RRI Energy to report a loss of 24 cents a share on revenue of $414 million. In last year's second quarter, RRI, which changed its name in May from Reliant Energy after selling its retail power business, reported earnings of $1.01 a share on revenue of $3.42 billion.

-By Cassandra Sweet, Dow Jones Newswires; 415-439-6468; cassandra.sweet@dowjones.com

 
 

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