Dynegy (DYN) Misses Q2 EPS by 124c, Beat on Revenues

Dynegy (NYSE: DYN) reported Q2 EPS of ($1.96), $1.24 worse than the analyst estimate of ($0.72). Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.01 billion.

2017 Guidance

Dynegy’s full-year 2017 Adjusted EBITDA guidance range remains unchanged at $1,200-1,400 million. The Company’s Adjusted free cash flow range is affirmed at $300-$500 million. The Company is maintaining these guidance ranges despite foregoing approximately $55 million in forecasted Adjusted EBITDA from the later than expected closing of the ENGIE acquisition and the mid-year sale of the Troy and Armstrong facilities which were included for the full 12 months guidance target when originally issued.

For earnings history and earnings-related data on Dynegy (DYN) click here.

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