Vistra Third-Quarter Earnings and Revenues Surpass Estimates

Zacks11-08

Vistra VST reported third-quarter 2024 earnings of $5.25 per share, which beat the Zacks Consensus Estimate of $1.24 by 323.4%. The bottom line also increased 320% from the year-ago quarter’s figure ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482820904?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/2osTdaZSHf_5LJmwZzjWtw--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/32e3eb8c0cc46c163964cde251fb4426","is_english":true,"pubTime":"2024-11-08 23:09","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2482820904","market":"us","top_or_hot":-1,"title":"Vistra Third-Quarter Earnings and Revenues Surpass Estimates","media":"Zacks","content":"<div>\n<p>Vistra VST reported third-quarter 2024 earnings of $5.25 per share, which beat the Zacks Consensus Estimate of $1.24 by 323.4%. The bottom line also increased 320% from the year-ago quarter’s figure ...</p>\n\n<a href=\"https://finance.yahoo.com/news/vistra-third-quarter-earnings-revenues-150900014.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vistra Third-Quarter Earnings and Revenues Surpass Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVistra Third-Quarter Earnings and Revenues Surpass Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 23:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/vistra-third-quarter-earnings-revenues-150900014.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vistra VST reported third-quarter 2024 earnings of $5.25 per share, which beat the Zacks Consensus Estimate of $1.24 by 323.4%. The bottom line also increased 320% from the year-ago quarter’s figure ...</p>\n\n<a href=\"https://finance.yahoo.com/news/vistra-third-quarter-earnings-revenues-150900014.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PNW","symbol_name":"品尼高西方资本品西资本","start_time":0,"source_url":"https://finance.yahoo.com/news/vistra-third-quarter-earnings-revenues-150900014.html","article_id":"2482820904","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/2osTdaZSHf_5LJmwZzjWtw--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/32e3eb8c0cc46c163964cde251fb4426"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482820904","pubTimestamp":1731078540,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Vistra VST reported third-quarter 2024 earnings of $5.25 per share, which beat the Zacks Consensus Estimate of $1.24 by 323.4%. The bottom line also increased 320% from the year-ago quarter’s figure of $1.25.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.NextEra Energy, Inc.’s NEE reported third-quarter 2024 adjusted earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 98 cents by 5.1%.The company’s long-term  earnings growth rate is 8.12%. The Zacks Consensus Estimate for 2024 earnings is pegged at $3.41 per share, which implies a year-over-year improvement of 7.6%.Avangrid, Inc. AGR reported third-quarter 2024 earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 33 cents by 66.7%.AGR’s long","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PNW":"品尼高西方资本品西资本","VST":"Vistra Energy Corp."},"translate_title":"瑞致达第三季度盈利和收入超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PNW":0.9,"VST":0.9},"content_text":"Vistra VST reported third-quarter 2024 earnings of $5.25 per share, which beat the Zacks Consensus Estimate of $1.24 by 323.4%. The bottom line also increased 320% from the year-ago quarter’s figure of $1.25.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nTotal Revenues of VST\nSales for the quarter totaled $6.29 billion, which surpassed the Zacks Consensus Estimate of $4.96 billion by 26.7%. The top line also increased 53.8% from $4.09 billion recorded in the year-ago quarter.\n\nVistra Corp. Price, Consensus and EPS Surprise\n  \nVistra Corp. price-consensus-eps-surprise-chart | Vistra Corp. Quote\n\nVST’s Operational Highlights\nFuel, purchased power costs and delivery fees amounted to $2.2 billion, up 4.6% from the year-ago quarter’s $2.1 billion.Operating costs for the quarter totaled $616 million, up 49.9% from the year-ago quarter’s $411 million.Selling, general and administrative expenses amounted to $411 million, up 15.1% from the year-ago quarter’s $357 million.Operating income totaled $2.59 billion compared with $0.83 billion in the year-ago quarter.Interest expenses and related charges amounted to $332 million compared with $143 million in the prior-year period.As of Nov. 4, 2024, Vistra executed $4.58 billion in share repurchases since November 2021. The company’s board of directors authorized an additional $1 billion of share repurchases, which is expected to be utilized by the end of 2026.\nVST’s Financial Highlights\nCash and cash equivalents totaled $0.94 billion as of Sept. 30, 2024, compared with $3.2 billion as of Sept. 30, 2023.Net cash flow provided by operating activities in the first nine months of 2024 totaled $3.2 billion compared with $4.6 billion a year ago.Total capital expenditures for the first nine months of 2024 totaled $1.6 billion compared with $1.3 billion recorded a year ago.\nVST’s Guidance\nThe company lowered its guidance for 2024 ongoing operations adjusted EBITDA and ongoing operations adjusted Free Cash Flow Before Growth (FCFbG) to $5.0-$5.2 billion and $2.65-$2.85 billion, respectively, excluding any potential benefit from the nuclear production tax credit.It expects 2025 ongoing operations adjusted EBITDA and ongoing operations adjusted FCFbG to be in the band of $5.5-$6.1 billion and $3.0-$3.6 billion, respectively.\nVST’s Zacks Rank\nThe company currently has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nRecent Releases\nNextEra Energy, Inc.’s NEE reported third-quarter 2024 adjusted earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 98 cents by 5.1%.The company’s long-term (three to five years) earnings growth rate is 8.12%. The Zacks Consensus Estimate for 2024 earnings is pegged at $3.41 per share, which implies a year-over-year improvement of 7.6%.Avangrid, Inc. AGR reported third-quarter 2024 earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 33 cents by 66.7%.AGR’s long-term earnings growth rate is 6%. The Zacks Consensus Estimate for 2024 earnings is pegged at $2.34 per share, which calls for a year-over-year improvement of 12%.Pinnacle West Capital Corporation PNW reported third-quarter 2024 earnings of $3.37 per share, which beat the Zacks Consensus Estimate of $3.35 by 0.6%.PNW’s long-term earnings growth rate is 8.22%. The company delivered an average earnings surprise of 246.2% in the trailing four quarters. \nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNextEra Energy, Inc. (NEE) : Free Stock Analysis Report\nPinnacle West Capital Corporation (PNW) : Free Stock Analysis Report\nAvangrid, Inc. (AGR) : Free Stock Analysis Report\nVistra Corp. (VST) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482820904"}