Vistra Corp. Financial (VST) Q3 2024 Earnings Breakdown
Description
Key Highlights:
Stock Activity: The company has been actively repurchasing its stock. In the three months ended September 30, 2023, Vistra repurchased $323 million worth of stock. ("Stock repurchases — — (323)") This suggests a focus on returning value to shareholders.
Profitability: Vistra exhibited strong profitability during the three months ending September 30, 2023, with net income reaching $502 million. ("Net income — — — — 502 — 502") This indicates a healthy operational performance during the period.
Dividends: The company consistently declared dividends on both common and preferred stock throughout 2023. ("Dividends declared on common stock — — — — (77)" and "Dividends declared on preferred stock — — — — (37)") Consistent dividend payments demonstrate commitment to shareholder returns.
Revenue Segmentation: Vistra's revenue streams are diversified across various segments:
Retail: The retail energy charge in ERCOT (Texas) contributed significantly to revenue, reaching $2,667 million in the three months ended September 30, 2023. ("Retail energy charge in ERCOT $ 2,667")
Wholesale: Wholesale generation and capacity revenue from ISO/RTOs also played a crucial role, generating $1,289 million and $20 million, respectively, during the same period. ("Wholesale generation revenue from ISO/RTO — 697 354 79 159 — — 1,289" and "Capacity revenue from ISO/RTO (a) — — 12 — 8 — — 20")
Other: Other revenue sources included intangible amortization, transferable PTC revenues, and hedging activities.
Key Highlights:
Solid Execution: Deere achieved strong results across the business cycle by adjusting operations to align with the current environment.
Earnings Decline: Net income for 4Q 2024 was $1.245 billion, down 47% from $2.369 billion in 4Q 2023. Full-year net income was $7.100 billion,...
Published 11/23/24
Key Highlights:
Revenue Growth: Total net revenue increased to $3.283 billion, up from $2.978 billion in the same period of the prior year. This was primarily driven by growth in service revenue, particularly from QuickBooks Online Accounting and Online Services.
"Revenue for our Credit Karma...
Published 11/23/24