Analysts Estimate Vistra Corp. (VST) to Report a Decline in Earnings: What to Look Out for
VistraVistra(US:VST) ZACKS·2024-10-31 15:06

Company Overview - Vistra Corp. (VST) is expected to report a year-over-year decline in earnings of -0.8% with an EPS of $1.24, while revenues are projected to increase by 21.4% to $4.96 billion for the quarter ended September 2024 [3][4]. Earnings Expectations - The stock price may rise if actual earnings exceed expectations in the upcoming earnings report scheduled for November 7, while a miss could lead to a decline in stock price [2][10]. - The consensus EPS estimate has been revised down by 30.14% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for Vistra matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, which complicates predictions of an earnings beat [10]. - Vistra currently holds a Zacks Rank of 5 (Strong Sell), making it challenging to predict a positive earnings surprise [10]. Historical Performance - In the last reported quarter, Vistra's expected EPS was $1.59, but it only achieved $0.90, resulting in a surprise of -43.40% [11]. - The company has not beaten consensus EPS estimates in any of the last four quarters [12]. Industry Context - Pinnacle West (PNW), another player in the Zacks Utility - Electric Power industry, is expected to report an EPS of $3.33, reflecting a year-over-year decline of -4.9%, with revenues projected to rise by 2.4% to $1.68 billion [16]. - Pinnacle West's consensus EPS estimate has been revised down by 525% over the last 30 days, but it has a positive Earnings ESP of 5.49% and a Zacks Rank of 3 (Hold), indicating a likelihood of beating the consensus EPS estimate [17].