Dynegy Posts $22 Mln Net Profit In Q3; Backs 2013 Outlook - Quick Facts

(RTTNews) - Dynegy Inc. (DYN) Thursday reported a net income of $22 million in the third quarter, versus a $41 million loss last year. On a per share basis, quarterly earnings amounted to $0.22. On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.14 for the quarter. Analysts' estimates typically exclude one-time items.

Third-quarter 2013 Enterprise-wide Adjusted EBITDA was $113 million, compared with $50 million for the same period in 2012.

For the three-month period, revenues improved to $446 million, from the prior year's $443 million. Four analysts estimated revenues of $509.41 million for the quarter.

Looking ahead, the company's adjusted EBITDA and free cash flow guidance ranges for full year 2013 were reaffirmed.