We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Vistra posted Q3 earnings of $1.75 per share, topping estimates by nearly 46%.
Sales fell 21% year over year to $4.97 billion, also missing consensus estimates.
The company has repurchased $5.6 billion in shares since 2021, cutting share count by 30%.
Vistra Corp. (VST - Free Report) reported third-quarter 2025 earnings of $1.75 per share, which beat the Zacks Consensus Estimate of $1.20 by 45.83%. In the year-ago quarter, the company reported earnings of $5.25 per share.
Market reacted positively to the third-quarter earnings beat, with shares gaining nearly 2% from the release and closing at $188.28 on Nov. 10, 2025.
Total Revenues of VST
Sales for the quarter totaled $4.97 billion, which missed the Zacks Consensus Estimate of nearly $7 billion by 28.96%. The top line decreased 21% from $6.3 billion recorded in the year-ago quarter.
Fuel, purchased power costs and delivery fees amounted to $2.37 billion, up 7.24% from the year-ago quarter’s $2.21 billion.
Operating costs for the quarter totaled $655 million, up 6.33% from the year-ago quarter’s $616 million.
Selling, general and administrative expenses amounted to $444 million, up 8.02% from the year-ago quarter’s $411 million.
Operating income totaled $1.04 billion, down 59.85% from the year-ago quarter’s $2.59 billion.
Interest expenses and related charges amounted to $286 million, down 13.85% year over year.
VST’s Financial Highlights
Cash and cash equivalents totaled $0.60 billion as of Sept. 30, 2025, compared with $1.2 billion as of Dec. 31, 2024.
Net cash flow provided by operating activities in the first nine months of 2025 totaled $2.64 billion compared with $3.21 billion in the year-ago period.
Total capital expenditures for the first nine months of 2025 totaled $1.92 billion compared with $1.65 billion a year ago.
Available liquidity of the company as of Sept. 30, 2025, was $3.71 billion, enough to meet its near-term obligations.
As of Oct. 31, 2025, Vistra executed $5.6 billion in share repurchases since November 2021. Vistra has $1.0 billion of the share repurchase authorization available, which it expects to complete by the end of 2027.
VST’s Guidance
The company has narrowed its guidance for 2025 ongoing operations adjusted EBITDA and ongoing operations adjusted free cash flow before growth to $5.7-$5.9 billion and $3.3-$3.5 billion, respectively.
For 2026, VST expects its Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted free cash flow before growth to be in the band of $6.8-$7.6 billion and $3.925-$4.725 billion, respectively.
Ameren Corporation (AEE - Free Report) reported third-quarter 2025 earnings of $2.17 per share, which beat the Zacks Consensus Estimate of $2.10 by 3.3%. The bottom line also improved 16% from the year-ago quarter’s $1.87.
AEE’s long-term (three to five years) earnings growth rate is pegged at 8.01%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $4.99, indicating year-over-year growth of 7.8%.
Exelon Corporation’s (EXC - Free Report) third-quarter 2025 earnings of 86 cents per share surpassed the Zacks Consensus Estimate of 76 cents by 13.2%. The bottom line improved 21.1% from the year-ago level of 71 cents.
EXC’s long-term earnings growth rate is pegged at 6.01%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $2.68, indicating year-over-year growth of 7.20%.
NextEra Energy (NEE - Free Report) posted third-quarter 2025 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 by 8.65%.
NEE’s long-term earnings growth rate is currently pegged at 8.04%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.68, indicating year-over-year growth of 7.29%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Vistra Q3 Earnings Beat Estimates, Revenues Lag, '25 Guidance Narrowed
Key Takeaways
Vistra Corp. (VST - Free Report) reported third-quarter 2025 earnings of $1.75 per share, which beat the Zacks Consensus Estimate of $1.20 by 45.83%. In the year-ago quarter, the company reported earnings of $5.25 per share.
Market reacted positively to the third-quarter earnings beat, with shares gaining nearly 2% from the release and closing at $188.28 on
Nov. 10, 2025.
Total Revenues of VST
Sales for the quarter totaled $4.97 billion, which missed the Zacks Consensus Estimate of nearly $7 billion by 28.96%. The top line decreased 21% from $6.3 billion recorded in the year-ago quarter.
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 $2.37 billion, up 7.24% from the year-ago quarter’s $2.21 billion.
Operating costs for the quarter totaled $655 million, up 6.33% from the year-ago quarter’s $616 million.
Selling, general and administrative expenses amounted to $444 million, up 8.02% from the year-ago quarter’s $411 million.
Operating income totaled $1.04 billion, down 59.85% from the year-ago quarter’s $2.59 billion.
Interest expenses and related charges amounted to $286 million, down 13.85% year over year.
VST’s Financial Highlights
Cash and cash equivalents totaled $0.60 billion as of Sept. 30, 2025, compared with $1.2 billion as of Dec. 31, 2024.
Net cash flow provided by operating activities in the first nine months of 2025 totaled $2.64 billion compared with $3.21 billion in the year-ago period.
Total capital expenditures for the first nine months of 2025 totaled $1.92 billion compared with $1.65 billion a year ago.
Available liquidity of the company as of Sept. 30, 2025, was $3.71 billion, enough to meet its near-term obligations.
As of Oct. 31, 2025, Vistra executed $5.6 billion in share repurchases since November 2021. Vistra has $1.0 billion of the share repurchase authorization available, which it expects to complete by the end of 2027.
VST’s Guidance
The company has narrowed its guidance for 2025 ongoing operations adjusted EBITDA and ongoing operations adjusted free cash flow before growth to $5.7-$5.9 billion and $3.3-$3.5 billion, respectively.
For 2026, VST expects its Ongoing Operations Adjusted EBITDA and Ongoing Operations Adjusted free cash flow before growth to be in the band of $6.8-$7.6 billion and $3.925-$4.725 billion, respectively.
VST’s Zacks Rank
The company currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent Releases
Ameren Corporation (AEE - Free Report) reported third-quarter 2025 earnings of $2.17 per share, which beat the Zacks Consensus Estimate of $2.10 by 3.3%. The bottom line also improved 16% from the year-ago quarter’s $1.87.
AEE’s long-term (three to five years) earnings growth rate is pegged at 8.01%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $4.99, indicating year-over-year growth of 7.8%.
Exelon Corporation’s (EXC - Free Report) third-quarter 2025 earnings of 86 cents per share surpassed the Zacks Consensus Estimate of 76 cents by 13.2%. The bottom line improved 21.1% from the year-ago level of 71 cents.
EXC’s long-term earnings growth rate is pegged at 6.01%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $2.68, indicating year-over-year growth of 7.20%.
NextEra Energy (NEE - Free Report) posted third-quarter 2025 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 by 8.65%.
NEE’s long-term earnings growth rate is currently pegged at 8.04%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.68, indicating year-over-year growth of 7.29%.