TransAlta (TSE:TA – Get Free Report) (NYSE:TAC) will be issuing its quarterly earnings data before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of C$0.14 per share for the quarter.
TransAlta (TSE:TA – Get Free Report) (NYSE:TAC) last posted its quarterly earnings data on Friday, February 23rd. The company reported C($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.18 by C($0.45). The firm had revenue of C$624.00 million for the quarter. TransAlta had a return on equity of 43.58% and a net margin of 20.71%.
TransAlta Stock Up 2.6 %
TSE:TA opened at C$9.32 on Friday. The company has a debt-to-equity ratio of 253.18, a quick ratio of 0.62 and a current ratio of 0.91. The company has a market cap of C$2.87 billion, a PE ratio of 4.00, a PEG ratio of -0.07 and a beta of 0.89. TransAlta has a 52-week low of C$8.22 and a 52-week high of C$13.97. The stock has a 50-day simple moving average of C$8.92 and a 200 day simple moving average of C$10.04.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on TA
TransAlta Company Profile
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.
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