Vistra Corp.
(NYSE:VST) stock traded little changed Friday after the power producer reported second-quarter revenue and earnings that missed Wall Street estimates, even as it posted stronger adjusted EBITDA growth and reaffirmed its full-year outlook.
The Irving, Texas-based power producer reported second-quarter earnings of 91 cents per share, missing the analyst consensus estimate of $1.70.
Revenue declined to $4.02 billion from $4.25 billion a year earlier and fell short of the Street estimate of $5.57 billion.
GAAP net income declined to $305 million from $327 million in the prior-year quarter.
