Vistra Q2 Sales $3.845B Miss $3.964B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vistra (NYSE:VST) reported Q2 sales of $3.845 billion, missing the analyst consensus estimate of $3.964 billion by 3.01%. Despite the miss, sales increased by 20.57% compared to the same period last year.
August 08, 2024 | 11:13 am
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Vistra's Q2 sales of $3.845 billion missed the analyst consensus estimate of $3.964 billion by 3.01%. However, sales increased by 20.57% compared to the same period last year.
The miss on sales estimates by 3.01% is likely to have a negative short-term impact on Vistra's stock price. However, the significant year-over-year sales growth of 20.57% may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100