earnings
confidence high
sentiment neutral
materiality 0.80
Vistra Q1: GAAP loss $268M, Ongoing Ops EBITDA surges to $1.24B; 2025 outlook reaffirmed
Vistra Corp.
2025-Q1 EPS reported
-$0.93
revenue$3,933,000,000
- GAAP Q1 Net Loss of $268M vs $18M income last year; Ongoing Ops Adjusted EBITDA rose to $1,240M from $810M.
- Reaffirmed 2025 guidance: Ongoing Ops Adj EBITDA $5.5-6.1B, cash flow $3.0-3.6B; 2026 midpoint >$6B.
- Share repurchases totaled ~$5.2B since Nov 2021; outstanding shares reduced ~30% to 339.3M; $1.5B authorization remains.
- New clean energy commitments: Newton coal-to-solar/storage (52MW), PPAs with Amazon (200MW) and Microsoft (405MW).
- Liquidity ~$3.9B; hedging 100% for 2025 and 90% for 2026.