Vistra Q2 2024 Adj. EPS $1.43 Beats $1.38 Estimate, Sales $3.845B Miss $3.964B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vistra (NYSE:VST) reported Q2 2024 adjusted EPS of $1.43, beating the analyst estimate of $1.38. However, sales of $3.845 billion missed the $3.964 billion estimate. Sales increased by 20.57% year-over-year.
August 08, 2024 | 11:52 am
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Vistra's Q2 2024 adjusted EPS of $1.43 beat estimates, but sales of $3.845 billion missed expectations. Sales increased by 20.57% year-over-year.
While Vistra's EPS beat expectations, the miss on sales could create mixed reactions in the market. The significant year-over-year sales growth is a positive sign, but the miss on sales estimates may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100