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

TransAlta

01/11/2024 19:14

* TransAlta Corp  TA.TO   is expected to report results on
November 5 for the period ending September 30 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 7 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TransAlta
Corp is
16.00​, above​ its last closing price of C$14.56. ​​​

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   0.04        0.05       0.18      Beat    242.9
 Mar. 31 0001  0.17        0.16       0.72      Beat    357.1
 Dec. 31 2023  0.18        0.19       -0.27     Missed  -240.3
                                                        ​
 Sep. 30 2023  0.50        0.34       1.41      Beat    316.8
 ​​Jun.        0.10        0.10       0.23      Beat    134.7
 30 2023                                                
 Mar. 31 2023  0.29        0.26       1.10      Beat    316.3​
 Dec. 31 2022  0.46        0.46       -0.61     Missed  -231.9
 Sep. 30 2022  0.30        0.29       0.23      Missed  -20.5
 This summary was machine generated November 1 at 19:13 GMT.  All
figures in US 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)