Vistra Q2 Sales $3.19B Miss $5.91B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vistra (NYSE:VST) reported Q2 sales of $3.19 billion, missing the analyst consensus estimate of $5.91 billion by 46.04 percent. However, this represents a 100.82 percent increase over sales of $1.59 billion in the same period last year.
August 09, 2023 | 11:10 am
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NEGATIVE IMPACT
Vistra's Q2 sales missed analyst estimates by a significant margin, but showed a substantial YoY increase.
Vistra's Q2 sales fell short of analyst estimates by 46.04%, which could negatively impact investor sentiment and the stock price in the short term. However, the YoY sales growth of 100.82% might offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100