earnings
confidence high
sentiment negative
materiality 0.70
Talen Energy Q1 GAAP net loss $135M; Adj. EBITDA $200M, narrows 2025 guidance
Talen Energy Corp
2025-Q1 EPS reported
-$2.94
revenue$390,000,000
- GAAP net loss attributable to stockholders of $135M vs $294M income in Q1 2024; adjusted EBITDA $200M, adjusted FCF $87M.
- FERC approved reliability-must-run agreement to operate Brandon Shores and H.A. Wagner through May 2029; annual payments of $145M and $35M.
- Susquehanna Unit 2 refueling outage extended to mid-May for incremental maintenance; expects ~$20M extra spend, payback ~1.5 years.
- 2025 Adjusted EBITDA guidance narrowed to $975M-$1.125B; Adjusted FCF $450M-$540M; 2026 outlook unchanged.
- Repurchased 452,130 shares for $83M in Q1; $995M remaining under buyback program through year-end 2026.