Reliant Energy

(REI) - Get Ring Energy, Inc. Report

reported fourth-quarter earnings today that missed Wall Street's estimates by 8 cents.

For its fourth quarter, ended Dec. 31, Reliant Energy earned $73 million, or 25 cents a share, down slightly from $73 million, or 26 cents a share in the same quarter the previous year. Ten analysts surveyed by

First Call/Thomson Financial

expected the company to garner 33 cents a share.

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The company adjusted its earnings to exclude the results of its investments in Latin America, which it has put up for sale.

The Houston-based energy company said fourth-quarter revenue was $9.8 billion, up from $4 billion in the same period one year ago.

Shares of Reliant Energy gained 75 cents, or 2%, to $37.75 in recent

New York Stock Exchange

trading.