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

TransAlta Renewables

09/11/2021 13:48

* TransAlta Renewables Inc  RNW.TO  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 13 cents per share.
* Revenue rose 20% to C$114.00 million from a year ago; 
analysts expected C$101.49 million. 
* TransAlta Renewables Inc's reported EPS for the quarter was 7
cents​.
* The mean earnings estimate of analysts had fallen by
about 13.3% in the last three months.​ 
* In the last 30 days four analysts negatively revised earnings
estimates 
* TransAlta Renewables Inc shares had fallen by 2.6% this
quarter and lost 15.0% so far this year.
* The company reported quarterly net income of C$20 million.
* Wall Street's median 12-month price target for TransAlta
Renewables Inc is C$20.50 
* 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 November 9 at 01:48 p.m.
 ​All figures in Canadian dollars unless otherwise stated