Dynegy (DYN) Reports Q3 Loss of $0.89
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Dynegy (NYSE: DYN) reported Q3 EPS of ($0.89), versus ($1.81) reported last year. Revenue for the quarter came in at $1.44 billion, versus $1.18 billion reported last year.
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 sale of Armstrong, Troy, Milford (MA), Dighton and Lee, together with the later than expected closing of the ENGIE acquisition, has impacted Adjusted EBITDA by approximately $70 million this year. As a result we currently expect to be near the bottom of the Adjusted EBITDA guidance range for the year.
For earnings history and earnings-related data on Dynegy (DYN) click here.
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