TransAlta (TSE:TA – Get Free Report) (NYSE:TAC) will be announcing its earnings results 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 issued its earnings results on Friday, February 23rd. The company reported C($0.27) EPS for the quarter, missing the consensus estimate of C$0.18 by C($0.45). The company 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 Price Performance
Shares of TSE TA opened at C$9.32 on Friday. The firm has a market capitalization of C$2.87 billion, a P/E ratio of 4.00, a PEG ratio of -0.07 and a beta of 0.89. TransAlta has a one year low of C$8.22 and a one year high of C$13.97. The company’s fifty day moving average is C$8.92 and its two-hundred day moving average is C$10.04. The company has a debt-to-equity ratio of 253.18, a quick ratio of 0.62 and a current ratio of 0.91.
Analysts Set New Price Targets
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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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