Dynegy Narrows 2010 EBITDA Guidance, Jefferies & Company Reports

Dynegy Inc. (NYSE: DYN) reported 3Q10 adjusted EBITDA of $159 million versus $377 million in 3Q09, Jefferies & Company reports. Adjusted operating EPS was ($0.15) versus FC consensus of ($0.01).

“The company narrowed its 2010 EBITDA guidance range to $500-$530 million from $465-$530 million,” Jefferies & Company writes, noting that it maintains its Hold rating.

Dynegy currently trades at $4.46.