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

TransAlta Renewables

23/02/2023 14:32

* TransAlta Renewables Inc  RNW.TO  reported quarterly
adjusted
earnings of 15 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 11.6% to C$154.00 million from a year ago;
analysts
expected C$139.01 million. 
    * TransAlta Renewables Inc's reported EPS for the quarter
was 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * TransAlta Renewables Inc shares had risen by 4.2% this
quarter.
    * The company reported quarterly net income of C$40 million.
    * Wall Street's median 12-month price target for TransAlta
Renewables Inc is C$14.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:32 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.25           0.15           Missed
 Sep. 30 2022      0.10           -0.07          Missed
 Jun. 30 2022      0.15           0.05           Missed
 Mar. 31 2022      0.20           0.15           Missed