earnings
confidence high
sentiment positive
materiality 0.90
Vistra Q3 net income $1,837M; raises 2024 EBITDA guidance; initiates 2025; $3.1B Vision acquisition
Vistra Corp.
2024-Q3 EPS reported
$5.86
revenue$13,187,000,000
- GAAP net income $1,837M for Q3 2024, up $1,335M YoY; Ongoing Ops Adjusted EBITDA $1,444M.
- Raised 2024 Ongoing Ops Adjusted EBITDA guidance to $5.0-$5.2B; initiated 2025 guidance at $5.5-$6.1B.
- Board authorized additional $1.0B share repurchases; ~$2.2B remaining authorization expected by year-end 2026.
- Announced pending acquisition of 15% minority interest in Vistra Vision for ~$3.1B, expected close year-end 2024.
- Q3 liquidity ~$3,995M; revolving credit facility amended increasing commitments to $3.44B.