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

TransAlta Renewables

10/08/2021 13:02

* TransAlta Renewables Inc  RNW.TO  reported quarterly adjusted
earnings of 9 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 18 cents per share.
* Revenue fell 10.7% to C$92.00 million from a year ago; 
analysts expected C$120.49 million. 
* TransAlta Renewables Inc's reported EPS for the quarter was 9
cents​.
* The mean earnings estimate of analysts had risen by about 3.8%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* TransAlta Renewables Inc shares had risen by 7.7% this
quarter and gained 3.1% so far this year.
* The company reported quarterly net income of C$25 million.
* Wall Street's median 12-month price target for TransAlta
Renewables Inc is C$21.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 12
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 10 at 12:02 p.m.  ​All
figures in Canadian dollars unless otherwise stated