Vistra Energy Reports Strong Third Quarter 2019 Results, Narrows and Raises 2019 Guidance, and Initiates 2020 Guidance - Increased from 2019

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UPDATE: Vistra Energy (VST) Reports Q3 Revenues Below Consensus

November 5, 2019 6:37 AM EST

(Updated - November 5, 2019 6:37 AM EST)

Vistra Energy (NYSE: VST) reported revenue for the quarter came in at $3.19 billion versus the consensus estimate of $3.27 billion.

Financial Highlights

Delivered strong third quarter 2019 Ongoing Operations Adjusted EBITDA1 of $1,064 million and Net Income from Ongoing Operations of $122 millionresults in-line with management expectations for the quarter, which already embedded an assumption of high wholesale power prices.Narrowed 2019 Ongoing Operations Adjusted EBITDA and Ongoing Operations... More