Transalta Corp. (TAC) Tops Q3 EPS by 1c

Transalta Corp. (NYSE: TAC) reported Q3 EPS of Cdn$0.23, Cdn$0.01 better than the analyst estimate of Cdn$0.22. Revenue for the quarter came in at Cdn$929 million versus the consensus estimate of Cdn$484.64 million.

2022 Revised Outlook:

• Increased 2022 annual financial guidance as set out below:
• Adjusted EBITDA range of $1,380 to $1,460 million (original guidance of $1,065 to $1,185 million)
• FCF range of $725 to $775 million (original guidance of $455 to $555 million)

For earnings history and earnings-related data on Transalta Corp. (TAC) click here.

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