Vistra's Q4 Earnings Top Estimates as Nuclear Power Demand Rises

Core Insights - Vistra Corp. reported a net income of $490 million for the fourth quarter, a significant improvement from a net loss of$184 million in the same quarter last year, exceeding analyst expectations [1][5] - The company generated $17.22 billion in revenue for 2024, which is$4.04 billion higher than the previously reported $13.19 billion for the first three quarters, although it fell short of analyst expectations of$17.79 billion for the full year [2] - CEO Jim Burke highlighted a unique acquisition that added three nuclear sites, approximately one million additional retail customers, and 2,000 new team members, positioning the company as the second-largest competitive nuclear fleet in the U.S. [3] Market Performance - Vistra was recognized as one of the biggest stock market winners in 2024, driven by optimism regarding the rising power demand for data centers supporting artificial intelligence products [4] - Following the earnings report, Vistra shares experienced volatility, recently declining over 4%, but have tripled in value over the past 12 months [4][5]