Earnings in Review: Dynegy (NYSE:DYN) Loss Shrinks Although Revenues Drop – DYN, DUK, FE, AES, GEN, CIG, KEP

Dynegy Inc. (NYSE:DYN), which is in the process of restructuring its de-consolidated Dynegy Holdings division, posted a smaller loss for its Q1 on high capacity generation, regardless of a sharp drop in revenues.

 

For its Q1, net loss was $58 million or $0.47 a share, lower than $77 million or $0.64 a share previous year.

On average, two analysts surveyed by Thomson Reuters anticipated the firm to announce loss of $0.71 per share. Analysts’ forecasts typically not include special objects.

Revenues dropped to $177 million as compared to $505 million in the previous-year quarter, whereas analysts were expecting for $323.55 million. This was despite a 27% rise in generation volumes driven by a 128% gain in Gas segment generation.

Other Utilities stocks with bullish trend include Duke Energy Corporation (NYSE:DUK) up 0.37% to $21.68, FirstEnergy Corp. (NYSE:FE) up 0.72% to $47.45 and The AES Corporation (NYSE:AES) up 2.66% to $12.35, whereas with bearish trend include Genon Energy Inc (NYSE:GEN) down -1.82% to $2.16, Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) down -0.04% to $23.23 and Korea Electric Power Corporation (ADR) (NYSE:KEP) down -0.59% to $10.09.

Dynegy Inc. (NYSE:DYN) stock reports on May 10, 2012 increased 8.53% to the trading price of $0.416 at 10:52AM EDT. Its fifty two week range is $0.30-$6.92. The total market capitalization remained $51.15 billion.

The overall volume in the current trading session is 1.11 million shares. In its share capital DYN has 122.89 million outstanding shares among them 120.98 million shares have been floated in market exchange. DYN stock institutional ownership remained 95.36% while insider ownership included 5.99%.

DYN is ahead its 52 week low with 34.27% and lagging behind from its 52 week high price with 5.99%. DYN last month stock price volatility remained 11.98%. The stock price of DYN is moving forward from its 20 days moving average with 7.56% and remote negatively from 50 days moving average with -32.39%.

DYN current year earnings per share experienced a decline with -588.53% while its current quarter performance remained -77.25%. Company’s beta coefficient included 0.78. Beta factors measures the amount of market risk associated with market trade.

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