TransAlta Renewables Inc expected to post earnings of 25cents a share - Earnings Preview

TransAlta Renewables

21/02/2023 19:35

* TransAlta Renewables Inc  RNW.TO   is expected to show a
rise in
quarterly revenue when it reports  results on February 23. 
    * The Calgary Alberta-based  company is expected to report 
a
0.7% increase in revenue to C$139.006 million from C$138 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TransAlta
Renewables Inc
is for earnings of 25 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and no "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
Renewables Inc is C$14​, above​ its last closing price
of C$12.06. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.09        0.10       -0.07     Missed  -170
 Jun. 30 2022  0.16        0.15       0.05      Missed  -67.6
 Mar. 31 2022  0.20        0.20       0.15      Missed  -24.2​
 Dec. 31 2021  0.24        0.25       0.16      Missed  -35
 ​​Sep.        0.13        0.13       0.07      Missed  -44.7
 30 2021                                                
 Jun. 30 2021  0.20        0.18       0.09      Missed  -51.1​
 Mar. 31 2021  0.20        0.21       0.19      Missed  -7.8
 Dec. 31 2020  0.33        0.29       0.20      Missed  -30.5
 This summary was machine generated February 21 at 19:35 GMT. 
All figures in Canadian dollars  unless otherwise stated