Vistra Energy Corp. (VST) saw its stock plummet 5.04% intraday on Monday, as the company reported weaker-than-expected fourth-quarter 2024 earnings results.

The electric utility company missed analysts' estimates on both earnings and revenue for the quarter. Vistra reported earnings per share of $1.14, significantly lower than the $2.17 consensus estimate, representing a 47.5% miss. Meanwhile, revenues of $4.04 billion fell short of the $4.61 billion expected, missing estimates by 12.4%.

While Vistra's full-year 2024 revenues increased 31.1% year-over-year to $17.2 billion, the company faced rising costs across multiple areas. Fuel, purchased power, and delivery fees totaled $7.3 billion, slightly down from 2023. However, operating costs surged 41.1% to $2.4 billion, and selling, general and administrative expenses climbed 23% to $1.6 billion, pressuring profitability.