Vistra Corp. (NYSE:VST ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Eric Micek - VP, IR Jim Burke - President & CEO Kris Moldovan - EVP & CFO Conference Call Participants Shar Pourreza - Guggenheim Angie Storozynski - Seaport David Arcaro - Morgan Stanley Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Operator Good morning, and welcome to the Vistra Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Vistra's (VST) second-quarter earnings are likely to have benefited from organic customer growth and rising demand for clean energy in its service territories.
Vistra (VST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Major U.S. equities indexes rallied on the final day of July as the Federal Reserve announced its widely anticipated decision to hold interest rates at their current levels. The Fed's statement recognized recent declines in inflation and cooling in the labor market, boosting already high expectations for a rate cut when the central bank convenes for its next meeting in September.
Zacks.com users have recently been watching Vistra (VST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Vistra Corp. (VST) closed the most recent trading day at $71.12, moving +1.05% from the previous trading session.
One of the sectors we know well which had been out of favor for several years has quickly come into favor: Independent Power Producers (IPPs). We've invested a meaningful amount of our assets in VST specifically the past few years. In addition to Vistra, two other positions warrant brief updates: Summit Midstream Partners and Equitrans Midstream.
Vistra (VST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Vistra (VST) is well positioned to outperform the market, as it exhibits above-average growth in financials.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Recently, Zacks.com users have been paying close attention to Vistra (VST). This makes it worthwhile to examine what the stock has in store.
Vistra Corp. investors have outperformed the market easily with a 1Y total return of over 240%. VST investors suffered a recent bear market decline, but it isn't considered calamitous. Vistra's nuclear ambitions have benefited from the AI surge.