NYSE$VST

Vistra Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Vistra reported strong Q3 2024 results, raised and narrowed 2024 guidance, and initiated 2025 guidance.

Vistra Corp. reported a Net Income of $1,837 million and Ongoing Operations Adjusted EBITDA of $1,444 million for the third quarter of 2024. The company also raised and narrowed its 2024 Ongoing Operations Adjusted EBITDA guidance to $5.0 billion - $5.2 billion and initiated 2025 Ongoing Operations Adjusted EBITDA guidance of $5.5 billion - $6.1 billion.

  • GAAP third quarter 2024 Net Income was $1,837 million.
  • Net Income from Ongoing Operations was $1,855 million and Ongoing Operations Adjusted EBITDA was $1,444 million.
  • 2024 Ongoing Operations Adjusted EBITDA guidance was raised and narrowed to $5.0 billion – $5.2 billion.
  • 2025 Ongoing Operations Adjusted EBITDA guidance was initiated at $5.5 billion – $6.1 billion.

Headline financials

Total Revenue

$6.29B

Previous: $4.09B+53.9%
EPS

$5.25

Previous: $1.25+320.0%
Adjusted EBITDA

$1.44B

No prior period
Capital Expenditures

-$1.65B

Previous: -$1.26B-30.6%
Free Cash Flow

$240M

Previous: -$760M+131.6%
Net Income

$1.89B

Previous: $502M+276.1%
Operating Income

$2.59B

Previous: $834M+210.3%
Gross Profit

$6.29B

Previous: $4.09B+53.9%
Cash & Equivalents

$905M

Previous: $3.17B-71.5%
Total Assets

$37.9B

Previous: $31.9B+18.6%
Stock-Based Comp

$23M

Previous: $20M+15.0%

Revenue & EPS history

Vistra · Revenue · Quarterly

$6.29B

Q3 2024+53.9%vs Q3 2023
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

Vistra · $1.5B total across 5 segments · Q3 2023

  • Texas
    $950M+8.8%
  • East
    $315M+128.3%
  • Retail
    $173M+8750.0%
  • West
    $87M+93.3%
  • Asset Closure
    -$24M

Forward guidance

Vistra raised and narrowed its 2024 Ongoing Operations Adjusted EBITDA guidance to $5.0 billion - $5.2 billion and initiated 2025 Ongoing Operations Adjusted EBITDA guidance of $5.5 billion - $6.1 billion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.3%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.0%

Avg return

30 days after

50%

19 / 38 earnings

Positive

+14.0%

Q1 2024

Best reaction

-23.5%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-7.3%-6.0%
Q4 2025-0.9%-7.8%-11.3%
Q3 2025-2.6%-5.4%-11.7%
Q2 2025+2.4%+4.3%-6.4%
Q1 2025-3.7%+0.9%+19.9%
Q4 2024-12.3%-14.3%-19.7%
Q3 2024+12.5%+12.7%+26.9%
Q2 2024+6.3%+8.8%-0.3%
Q1 2024+14.0%+10.3%+4.1%
Q4 2023+7.0%+11.8%+36.6%
Q3 2023-1.9%-2.4%+5.2%
Q2 2023+6.5%+5.2%+18.2%
Q1 2023+7.9%+4.9%+6.2%
Q4 2022-3.2%+10.9%+9.1%
Q3 2022+2.6%+1.4%+3.3%
Q2 2022-3.5%-1.8%-2.6%
Q1 2022-5.0%-4.4%+1.7%
Q4 2021+5.3%+2.5%+4.9%
Q3 2021+2.8%+1.2%+7.8%
Q2 2021-1.9%-2.2%+1.1%
Q1 2021-3.7%-3.5%-7.2%
Q4 2020-23.5%-27.8%-25.9%
Q3 2020+0.5%+2.8%+4.1%
Q2 2020+0.4%+2.3%-2.8%
Q1 2020-3.9%-0.4%+6.9%
Q4 2019-2.2%+2.2%-20.4%
Q3 2019-5.9%-5.0%-10.7%
Q2 2019+0.8%+2.4%+15.8%
Q1 2019-3.4%-7.6%-13.5%
Q4 2018+1.5%-2.6%-0.5%
Q3 2018+8.1%+7.0%+1.6%
Q2 2018+3.8%+0.7%+1.6%
Q1 2018+2.9%-0.6%+5.2%
Q4 2017-0.2%+3.0%+11.1%
Q3 2017+1.3%-1.3%-2.0%
Q2 2017+5.2%+5.5%+10.3%
Q1 2017-0.3%-0.6%+10.7%
Q4 2016-0.9%+4.5%+5.2%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro