TransAlta Corp expected to post earnings of 16 cents a share - Earnings Preview

TransAlta

01/05/2024 13:32

* TransAlta Corp  TA.TO   is expected to report results on
May 3
for the period ending March 31 2024
    * 
    * ​LSEG's mean analyst estimate for TransAlta Corp is for
earnings
of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 11.5%
in the last three months. ​
    * Wall Street's median 12-month price target for TransAlta
Corp is
C$14.00​, above​ its last closing price of C$9.13. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.18        0.19       -0.27     Missed  -240.3
 Sep. 30 0001  0.50        0.34       1.41      Beat    316.8
 Jan. 1 0001   0.10        0.10       0.23      Beat    134.7​
 Mar. 31 2023  0.29        0.26       1.10      Beat    316.3
 ​​Dec.        0.46        0.46       -0.61     Missed  -231.9
 31 2022                                                
 Sep. 30 2022  0.30        0.29       0.23      Missed  -20.5​
 Jan. 1 0001   0.11        0.13       -0.30     Missed  -335.4
 Mar. 31 2022  0.04        0.11       0.69      Beat    537.4
 This summary was machine generated May 1 at 12:32 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)