Vistra Energy Corp. (VST) Posts Earnings Results, Beats Expectations By $0.32 EPS
Vistra Energy Corp. (NYSE:VST) released its quarterly earnings data on Friday. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.32, Briefing.com reports. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.93 billion. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year.
Vistra Energy Corp. (NYSE:VST) opened at $19.23 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.07 and a debt-to-equity ratio of 0.68.
VST has been the topic of a number of recent research reports. Zacks Investment Research upgraded Vistra Energy Corp. from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Thursday, August 10th. Deutsche Bank AG upgraded Vistra Energy Corp. to a “buy” rating and set a $21.00 target price on the stock in a research note on Tuesday. Citigroup Inc initiated coverage on Vistra Energy Corp. in a research note on Thursday, September 28th. They set a “buy” rating and a $22.00 target price on the stock. Bank of America Corporation initiated coverage on Vistra Energy Corp. in a research note on Tuesday, October 24th. They set a “buy” rating and a $22.00 target price on the stock. Finally, SunTrust Banks, Inc. initiated coverage on Vistra Energy Corp. in a research note on Tuesday, October 10th. They set a “hold” rating and a $18.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $19.68.
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About Vistra Energy Corp.
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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