Mirant Corporation (MIR) Tops Q4 EPS by 1c, inititaes FY 2024 guidance

Mirant Corporation (NYSE: MIR) reported Q4 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $230.4 million versus the consensus estimate of $218.88 million.

GUIDANCE:

Mirant Corporation sees Q1 2024 EPS of $0.37-$0.42, versus the consensus of $0.39.

Revenue growth of 5% - 7%

Organic revenue growth of 4% - 6%
Inorganic revenue growth of ~1%, primarily ec2 acquisition
Minimal impact from foreign exchange rates

Adjusted EBITDA of $193 million - $203 million

Adjusted free cash flow of $65 million - $85 million

For earnings history and earnings-related data on Mirant Corporation (MIR) click here.

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