Vistra Q3 revenue misses estimates, narrows FY forecast

Vistra

06/11/2025 12:29

Overview

Vistra Q3 revenue missed analyst expectations, adjusted EBITDA exceeded estimates

Vistra narrowed 2025 guidance and initiated 2026 guidance, reflecting strategic adjustments

Company announced $1.0 bln share repurchase authorization and acquisition of gas plants

Outlook

Vistra narrows 2025 EBITDA guidance to $5.7 bln-$5.9 bln

Vistra initiates 2026 EBITDA guidance of $6.8 bln-$7.6 bln

Result Drivers

NATURAL GAS PLANT ACQUISITION - Vistra completed acquisition of seven natural gas plants, adding 2,600 MW of capacity

NEW POWER UNITS - Plans to build two new natural gas power units totaling 860 MW in West Texas to meet growing power needs

NUCLEAR PPA - 20-year power purchase agreement for 1,200 MW from Comanche Peak Nuclear Plant expected to support continued operations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$4.97 bln
$6.10 bln (6 Analysts)
Q3 Net Income
$652 mln
Q3 Adjusted EBITDA
Beat
$1.58 bln
$1.55 bln (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electric utilities peer group is "buy"

Wall Street's median 12-month price target for Vistra Corp is $232.00, about 18.4% above its November 5 closing price of $189.39

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nPn3PGJD4a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)