TransAlta Q3 revenue dips, net loss widens

TransAlta

06/11/2025 12:09

Overview

TransAlta Q3 2025 revenue decreased compared to 2024, with no analyst estimates provided

Adjusted EBITDA for Q3 2025 fell to C$238 mln from C$315 mln in 2024

Net loss attributable to common shareholders widened to C$62 mln from C$36 mln in 2024

Outlook

TransAlta remains confident in achieving results within its 2025 Outlook range

Company to provide detailed project updates in Q1 2026 Investor Day

TransAlta entered 230 MW contract with Alberta Electric System Operator

Result Drivers

HEDGING STRATEGY - Co's Alberta hedging strategy and asset optimization led to realized prices above spot prices despite suppressed power prices

DATA CENTER STRATEGY - Progress on Alberta data center strategy with AESO contract and land re-zoning for development

CENTRALIA CONVERSION - Negotiations ongoing to convert Centralia facility to gas-fired operations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$615 mln
Q3 EPS
-C$0.20
Q3 Adjusted EBITDA
C$238 mln
Q3 FFO
C$156 mln
Q3 FFO Per Share
C$0.53
Q3 Free Cash Flow
C$105 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the independent power producers peer group is "buy"

Wall Street's median 12-month price target for TransAlta Corp is C$20.00, about 19% below its November 5 closing price of C$23.80

The stock recently traded at 87 times the next 12-month earnings vs. a P/E of 54 three months ago

Press Release: ID:nGNX76HHnf

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)