Dynegy (DYN) to Release Earnings on Wednesday
Dynegy (NYSE:DYN) will be issuing its Q114 quarterly earnings data on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $572.58 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Dynegy (NYSE:DYN) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.41) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.15) by $0.26. The company had revenue of $762.00 million for the quarter, compared to the consensus estimate of $569.71 million. Dynegy’s revenue was up 139.6% compared to the same quarter last year. On average, analysts expect Dynegy to post $0.08 EPS for the current fiscal year and $0.17 EPS for the next fiscal year.
Dynegy (NYSE:DYN) traded up 0.30% during mid-day trading on Tuesday, hitting $27.17. The stock had a trading volume of 1,031,267 shares. Dynegy has a 52-week low of $18.11 and a 52-week high of $36.57. The stock has a 50-day moving average of $31.3 and a 200-day moving average of $27.58. The company’s market cap is $2.726 billion.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs upgraded shares of Dynegy from a “neutral” rating to a “buy” rating in a research note on Monday, July 28th. They now have a $35.00 price target on the stock, up previously from $31.00. On the ratings front, analysts at Macquarie cut their price target on shares of Dynegy from $35.00 to $30.00 in a research note on Monday, July 21st. They now have a “neutral” rating on the stock. Finally, analysts at ISI Group downgraded shares of Dynegy from a “strong-buy” rating to a “neutral” rating in a research note on Monday, July 14th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $29.06.
Dynegy Inc (NYSE:DYN) is a holding company and conducts the business operations through its subsidiaries.
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