TransAlta: Q2 Earnings Insights

TransAlta TAC reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

TransAlta reporting an EPS of $-0.24.

Revenue was down $144.84 million from the same period last year.

Last quarter the company beat on EPS by $0.48 which was followed by a 2.71% increase in the share price the next day.

Here's a look at TransAlta's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.06	0.06	0.10
EPS Actual	0.54	-0.23	0.35	-0.03
Revenue Estimate	424.88M	460.49M	427.75M	489.36M
Revenue Actual	580.09M	483.85M	675.07M	503.74M

To track all earnings releases for TransAlta visit their earnings calendar here.

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