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

TransAlta Renewables

04/11/2022 13:35

* TransAlta Renewables Inc  RNW.TO  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in September.
The mean expectation of nine analysts for the quarter was
for earnings of 10 cents per share.
    * Revenue rose 8.8% to C$124.00 million from a year ago;
analysts
expected C$107.30 million. 
    * TransAlta Renewables Inc's reported EPS for the quarter
was a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * TransAlta Renewables Inc shares had fallen by 2.0% this
quarter and lost 23.6% so far this year.
    * The company reported a quarterly loss of C$20 million.
    * Wall Street's median 12-month price target for TransAlta
Renewables Inc is C$17.00 
    * 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 from Refinitiv data November
4 at 01:35 p.m.  ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.25           0.16           Missed