Earnings Outlook For TransAlta

TransAlta TAC is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.

Analysts are estimating that TransAlta will report an earnings per share (EPS) of $0.14.

Investors in TransAlta are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.06, leading to a 1.47% drop in the share price the following trading session.

Here's a look at TransAlta's past performance and the resulting price change:

TransAlta Share Price Analysis

Shares of TransAlta were trading at $10.27 as of November 01. Over the last 52-week period, shares are up 29.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for TransAlta visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.