Movement Alert|Vistra Energy Corp. Intraday Rise 7.64% in Regular Trading, Q3 Revenue and Net Income Beat Expectations

Market Focus
Yesterday

On November 6, Vistra Energy Corp. rose 7.64% in Regular Trading, trading at $119.78/share, with turnover of $118.0 million.

The move followed quarterly results that exceeded market expectations. The company reported Q3 operating revenue of $6.35 billion, above the $6.03 billion consensus, while net income rose to $1.14 billion from $652 million a year earlier and also topped the $1.01 billion market expectation.

The earnings beat was notable against a softer backdrop earlier in the week, when recent rating and price-target cuts had pressured sentiment. The latest results, together with revenue growth of about 27.7% year over year, appear to have helped offset that pressure and supported the stock’s rebound in the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10