TransAlta (NYSE:TAC) reported its Q1 earnings results on Friday, May 6, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
TransAlta beat estimated earnings by 800.0%, reporting an EPS of $0.54 versus an estimate of $0.06.
Revenue was up $73.23 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.29 which was followed by a 1.57% drop in the share price the next day.
Here's a look at TransAlta's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.10 | ||
| EPS Actual | -0.23 | 0.35 | -0.03 | -0.09 |
| Revenue Estimate | 460.49M | 427.75M | 489.36M | 489.36M |
| Revenue Actual | 483.85M | 675.07M | 503.74M | 506.86M |
To track all earnings releases for TransAlta visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
