Dynegy Inc. (NYSE:DYN) in the first quarter of 2012 reported an adjusted loss of 71 cents per share beating the Zacks Consensus Estimate of a loss of 91 cents. The upside came from high capacity generation which offset a sharp decline in revenues. Earlier, the company had incurred a loss of 59 cents in the prior-year period. Including one-time items, Dynegy’s first quarter net loss was 47 cents per share compared with a net loss of 64 cents in first quarter 2011.
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