Vistra Energy Corp. (NYSE:VST) is reporting third quarter financial results on Wednesday 4th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, VST is expected to report 3Q20 income of $ 0.76 per share from revenue of $ 3860.08 million.
For the full year, analysts anticipate top line of $ 11751.80 million, while looking forward to income of $ 2.14 per share bottom line.
Previous Quarter Performance
Vistra Energy Corp. unveiled income for the second quarter of $ 0.36 per share, from the revenue of $ 2,509.00 million. The quarterly earnings dropped 48.57 percent while revenues reduced 11.37 percent compared with the same quarter last year.
Wall street analysts are predicting, VST to report 2Q20 income of $ 0.29 per share from revenue of $ 2808.24 million. The bottom line results beat street analysts by $ 0.07 or 24.14 percent, at the same time, top line results fell short of analysts by $ 299.24 million or 10.66 percent.
Stock Performance
Shares of Vistra Energy Corp. traded up $ 0.65 or 3.66 percent on Tuesday, reaching $ 18.39 with volume of 4.02 million shares. Vistra Energy Corp. has traded high as $ 18.68 and has cracked $ 18.03 on the downward trend
According to the previous trading day, closing price of $ 18.39, representing a 56.99 % increase from the 52 week low of $ 11.30 and a 33.81 % decrease over the 52 week high of $ 26.80.
The company has a market capital of $ 8.99 billion and is part of the Utilities sector and Utilities – Independent Power Producers industry.
Recent Stock Dividend Announcement
On July 29, 2020, the board of directors authorized quarterly dividend of $ 0.135 per share to holders of record as of the close of business on September 16, 2020, with payment date of September 30, 2020 and ex-dividend date on September 15, 2020.
Conference Call
Vistra Energy Corp. will be hosting a conference call at 8:00 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.vistraenergy.com
Vistra Energy Corp., through its subsidiaries, engages in electricity business in the United States. It operates through Retail, ERCOT, PJM, NY/NE, and MISO segments. The company retails electricity and other related services to residential, commercial, and industrial customers under the TXU and Value Based brands in Texas; under Dynegy Energy Services brand name Massachusetts, Ohio, Illinois, and Pennsylvania; and Homefield Energy brand name in Illinois.
