TransAlta Renewables Inc reports results for the quarter ended in December - Earnings Summary

TransAlta Renewables

24/02/2022 19:59

* TransAlta Renewables Inc  RNW.TO  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended in
December. The mean expectation of nine analysts for the quarter
was for earnings of 25 cents per share.
    * Revenue rose 7.8% to C$138.00 million from a year ago; 
analysts
expected C$131.70 million. 
    * TransAlta Renewables Inc's reported EPS for the quarter
was 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.7%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * TransAlta Renewables Inc shares had fallen by 12.2% this
quarter.
    * The company reported quarterly net income of C$43 million.
    * Wall Street's median 12-month price target for TransAlta
Renewables Inc is C$19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 24 at 07:58 p.m.
 ​All figures in Canadian dollars unless otherwise stated