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Vistra Energy (VST) Tops Q3 EPS by 27c, Beats on Revenues; Narrows 2017 Guidance

November 3, 2017 7:32 AM

Vistra Energy (NYSE: VST) reported Q3 EPS of $0.64, $0.27 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.83 billion versus the consensus estimate of $1.82 billion.

Vistra Energy's 2018 guidance ranges reflect expectations of continued strong performance from the retail operations, hedge positions as of Oct. 20, 2017, and the impact of forward price curves on the wholesale operation\'s open position as of the same date. Had Vistra Energy been unhedged as of Oct. 20, 2017, Vistra Energy's adjusted EBITDA guidance range would have moved up by approximately $75 million and its adjusted free cash flow guidance range would have moved up by a similar amount. The 2018 guidance also assumes full-year contributions from the Odessa plant and the operations performance initiative, one planned nuclear refueling outage at Comanche Peak, and assumes each of Monticello, Sandow, and Big Brown are retired in early 2018.

For earnings history and earnings-related data on Vistra Energy (VST) click here.

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