Talen Energy Co. to Post FY2024 Earnings of $0.67 Per Share, Seaport Res Ptn Forecasts (OTCMKTS:TLNE)

Talen Energy Co. (OTCMKTS:TLNE) – Investment analysts at Seaport Res Ptn dropped their FY2024 earnings per share estimates for Talen Energy in a report released on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now expects that the company will post earnings of $0.67 per share for the year, down from their previous forecast of $0.68. The consensus estimate for Talen Energy’s current full-year earnings is $2.08 per share. Seaport Res Ptn also issued estimates for Talen Energy’s FY2028 earnings at $5.24 EPS.

Other research analysts have also issued research reports about the stock. BWS Financial lifted their price target on shares of Talen Energy from $96.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Wolfe Research began coverage on shares of Talen Energy in a research report on Friday, February 16th. They issued an “outperform” rating and a $81.00 price target on the stock.

Talen Energy Trading Down 0.8 %

Shares of OTCMKTS:TLNE opened at $93.00 on Tuesday. Talen Energy has a 12 month low of $44.50 and a 12 month high of $98.99. The business’s 50 day moving average price is $82.59.

Talen Energy (OTCMKTS:TLNE) last announced its earnings results on Thursday, March 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.34. The firm had revenue of $527.00 million for the quarter, compared to the consensus estimate of $507.00 million.

About Talen Energy

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.