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Vistra Q1 Earnings In Line With Estimates, Revenues Rise Y/Y

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Vistra (VST - Free Report) reported first-quarter 2025 earnings of 46 cents per share, in line with the Zacks Consensus Estimate. In the year-ago quarter, the company reported earnings of 23 cents per share. (See the Zacks Earnings Calendar to stay ahead of market-making news.)

Total Revenues of VST

Sales for the quarter totaled $3.93 billion, which missed the Zacks Consensus Estimate of $4.4 billion by 10.7%. However, the top line increased 28.8% from $3.05 billion recorded in the year-ago quarter.

 

Vistra Corp. Price, Consensus and EPS Surprise

Vistra Corp. Price, Consensus and EPS Surprise

Vistra Corp. price-consensus-eps-surprise-chart | Vistra Corp. Quote

VST’s Operational Highlights

Fuel, purchased power costs and delivery fees amounted to $2.45 billion, up 42.4% from the year-ago quarter’s $1.72 billion.

Operating costs for the quarter totaled $693 million, up 39.2% from the year-ago quarter’s $498 million.

Selling, general and administrative expenses amounted to $391 million, up 11.4% from the year-ago quarter’s $351 million.

Operating loss totaled $120 million against income of $86 million in the year-ago quarter.

Interest expenses and related charges amounted to $319 million compared with $170 million in the prior-year period.

As of May 2, 2025, Vistra executed $5.2 billion in share repurchases since November 2021. Vistra had 339.3 million shares outstanding, representing a 30% reduction of the amount of the shares outstanding on Nov. 2, 2021, and $1.5 billion of the share repurchase authorization remains available, which it expects to complete by year-end 2026.

VST’s Financial Highlights

Cash and cash equivalents totaled $0.56 billion as of March 31, 2025, compared with $1.22 billion as of Dec. 31, 2024.

Net cash flow provided by operating activities in the first three months of 2025 totaled $599 million compared with $312 million in the year-ago period.

Total capital expenditures for the quarter totaled $768 million compared with $465 million a year ago.

VST’s Guidance

The company continues to expect its 2025 ongoing operations adjusted EBITDA and ongoing operations adjusted Free Cash Flow Before Growth to be in the band of $5.5-$6.1 billion and $3.0-$3.6 billion, respectively.

VST’s Zacks Rank

The company currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Utility Releases

IDACORP (IDA - Free Report) reported first-quarter 2025 earnings of $1.10 per share, which surpassed the Zacks Consensus Estimate of $1.03 by 6.8%.

IDA’s long-term (three to five years) earnings growth rate is 8.47%. The Zacks Consensus Estimate for 2025 earnings is pinned at $5.81 per share, which implies a year-over-year improvement of 5.6%.

Exelon Corporation’s (EXC - Free Report) first-quarter 2025 earnings of 92 cents per share surpassed the Zacks Consensus Estimate of 85 cents by 8.3%.

EXC’s long-term earnings growth rate is 6.42%. The Zacks Consensus Estimate for 2025 sales is pinned at $24.01 billion, which indicates year-over-year growth of 4.3%.

Pinnacle West Capital Corporation (PNW - Free Report) reported first-quarter 2025 loss of 4 cents per share, which missed the Zacks Consensus Estimate of earnings of 5 cents by 180%.

PNW’s long-term earnings growth rate is 2.12%. The Zacks Consensus Estimate for 2025 earnings is pinned at $4.51 per share, which implies a year-over-year decline of 13.9%.

 

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