Dynegy Inc. Fourth Quarter Earnings Sneak PeekWall St. Cheat Sheet – 10 minutes ago
Dynegy Inc. will unveil its latest earnings on Thursday, March 8, 2012. Dynegy is a holding company conducts substantially all of its business operations through its subsidiaries. Its business is the production and sale of electric energy, capacity, and ancillary services.
Dynegy Inc. Earnings Preview Cheat Sheet Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 35 cents per share, a narrower loss from the year-earlier quarter net loss of 48 cents. During the past three months, the average estimate has moved down from a loss of 9 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 15 cents during the last month.
Past Earnings Performance: Last quarter, the company fell short of estimates by 16 cents, coming in at net loss of 21 cents per share against a mean estimate of a loss of 19 cents. The company topped expectations in the second quarter.
Wall St. Revenue Expectations: On average, analysts predict $572.6 million in revenue this quarter, a rise of 27% from the year-ago quarter. Analysts are forecasting total revenue of $1.84 billion for the year, a decline of 20.7% from last year’s revenue of $2.32 billion.
Analyst Ratings: Analysts seem relatively indifferent about Dynegy with four of six analysts surveyed maintaining a hold rating.
http://finance.yahoo.com/news/dynegy-inc-fourth-quarter-earnings-151855749.html