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

TransAlta Renewables

12/05/2021 16:38

* TransAlta Renewables Inc  RNW.TO  reported quarterly adjusted
earnings of 19 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 21 cents per share.
* Revenue rose 15.6% to C$126.00 million from a year ago; 
analysts expected C$126.73 million. 
* TransAlta Renewables Inc's reported EPS for the quarter was 19
cents​.
* The mean earnings estimate of analysts had fallen by
about 7.4% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* TransAlta Renewables Inc shares had fallen by 8.4% this
quarter and lost 13.4% so far this year.
* The company reported quarterly net income of C$52 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," 11
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated May 12 at 03:37 p.m. GMT.
​All figures in Canadian dollars