TransAlta (NYSE:TAC) reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
TransAlta reporting an EPS of $-0.24.
Companies Reporting Before The Bell
• Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.
Companies Reporting Before The Bell
• Brookfield Renewable (NYSE:BEP) is expected to report quarterly loss at $0.02 per share on revenue of $1.27 billion.
TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) announced today its financial outlook for 2022.
Highlights
Comparable EBITDA range of $1.065 billion to $1.185
Toward the end of trading Tuesday, the Dow traded down 0.66% to 36,192.03 while the NASDAQ fell 0.90% to 15,838.46. The S&P also fell, dropping 0.65% to 4,671.36.
Midway through trading Tuesday, the Dow traded down 0.57% to 36,225.27 while the NASDAQ fell 0.62% to 15,883.96. The S&P also fell, dropping 0.52% to 4,677.42.
Companies Reporting Before The Bell
• Imara (NASDAQ:IMRA) is projected to report earnings for its third quarter.
• KT (NYSE:KT) is projected to report earnings for its third quarter.
TransAlta (NYSE:TAC) reported quarterly losses of $(0.03) per share. This is a 81.25 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $503.74