TransAlta Corporation Stock News

TransAlta Corporation (TAC) CEO John Kousinioris on Q4 2021 Results - Earnings Call Transcript

TransAlta press release (NYSE:TAC): Q4 FFO of $0.79 beats by $0.12.Revenue of $610M beats by $145.51M.

CALGARY, AB, Feb. 24, 2022 /PRNewswire/ - Fourth Quarter 2021 Financial Highlights Adjusted EBITDA(1),(2) of $270 million, an increase of 15% over the same period in 2020 Free Cash Flow ("FCF")(1) of $106 million, or $0.39 per share, an increase of 105% on a per-share basis from the same…

Among the S&P 500 utility companies that have released their Q4 numbers so far, 33.3% beat on earnings. AEP, EIX, NRG, TAC, CWT & PMRW are set to report Q4 results on Feb 24

TransAlta (NYSE:TAC) is scheduled to announce Q4 earnings results on Thursday, February 24th, before market open.The consensus EPS Estimate is $0.05 and the consensus Revenue Estimate

Among the S&P 500 utility companies that have released their Q4 numbers so far, 33.3% beat on earnings. AEP, EIX, NRG, TAC, CWT & PMRW are set to report Q4 results on Feb 24

Exelon's (EXC) Q4 earnings are likely to have gained from strong demand from commercial & industrial customer groups. Efficient cost management is likely to have an impact on the upcoming results.

NRG Energy's (NRG) fourth-quarter results are likely to reflect the benefits from the increased customer demand and reduction in debt, partly offset by supply-chain constraints.

TransAlta Corporation with ticker code (TAC) now have 4 analysts covering the stock. The analyst consensus points to a rating of ''None''. The target price ranges between 13.72 and 10.98 with the average target price sitting at 12.84. With the stocks previous close at 10.38 this now indicates there is a potential upside of 23.7%. There is a 50 day moving average of 10.69 while the 200 day moving average is 10.32. The market capitalisation for the company is $2,780m. You can visit the company''s website by visiting: https://www.transalta.com [stock_market_widget type="chart" template="basic" color="green" assets=TAC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,439m based on the market concensus. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through six segments: Hydro, Wind and Solar, North American Gas, Australian Gas, Alberta Thermal, and Centralia.

NiSource's (NI) fourth-quarter results are likely to reflect the benefits from increased customer demand and implied new rates for different gas units.

Alliant Energy's (LNT) fourth-quarter results are likely to reflect the benefits from the acquisition of solar energy projects and increased customer demand.

PPL Corporation's (PPL) fourth-quarter results are likely to have benefited from higher energy demand from customers and a reduction in the debt balance.

TransAlta Corporation found using ticker (TAC) now have 4 analysts in total covering the stock. The consensus rating is ''None''. The range between the high target price and low target price is between 13.72 and 10.98 calculating the mean target price we have 12.84. With the stocks previous close at 10.63 this now indicates there is a potential upside of 20.8%. There is a 50 day moving average of 10.7 and the 200 day moving average is 10.3. The company has a market capitalisation of $2,835m. You can visit the company''s website by visiting: https://www.transalta.com [stock_market_widget type="chart" symbol="TAC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $3,424m based on the market concensus. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through six segments: Hydro, Wind and Solar, North American Gas, Australian Gas, Alberta Thermal, and Centralia.

TransAlta (TAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.