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IRVING, Texas - Vistra Energy Corp . (NYSE:VST) reported first quarter 2025 financial results that fell short of analyst expectations on the top line on Wednesday.
The company’s shares were down nearly 2.98% in premarket trading following the release.
The power generation and retail electricity company posted revenue of $3.93 billion for the quarter, missing the consensus estimate of $4.46 billion. Vistra reported a net loss from ongoing operations of $200 million, or -$0.59 per share.
Despite the revenue miss, Vistra reaffirmed its full-year 2025 guidance, projecting ongoing operations adjusted EBITDA of $5.5 billion to $6.1 billion.
"The Vistra team kicked off 2025 with another strong quarter of business performance. We reliably produced electricity during multiple winter storms across the country, delivering the energy our customers needed," said Jim Burke, president and CEO of Vistra.
The company said its plants achieved commercial availability of approximately 95% in Q1, while its retail business grew in both volume and customer count YoY.
Ongoing operations adjusted EBITDA came in at $1.24 billion for the quarter, up from $810 million in Q1 2024. Vistra attributed the increase to strong retail performance, higher wholesale prices, and the inclusion of two additional months of results from its Energy Harbor acquisition.
The company will host a conference call at 10 a.m. ET to discuss the results further.
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