Vistra Corp (VST) rallied 6.57% Thursday. The stock had been falling sharp after missing earnings estimates in late February.
VST declined to provide full-year 2021 guidance when it reported earnings report on account of the unknown financial impact provided by Winter Storm Uri. The company estimates that the impact of Uri will be within the range of $900 million and $1.3 billion.
Additionally, Vistra attributed a fourth quarter net loss of $27 million to a decrease in unrealized net gains on hedging transactions.
Despite the impact of Uri and the disappointing misses, price targets for the company remain high, with the average price target at $26 and the street high estimate at $33.
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VST has an Overall Score of 44. Find out what this means to you and get the rest of the rankings on VST!
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