TransAlta Reports Solid Third Quarter 2019 Results and Revises Upward Full Year Outlook
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Transalta Corp. (TAC) Tops Q3 EPS by 18c, Revenues Beat
November 7, 2019 7:12 AM ESTTransalta Corp. (NYSE: TAC) reported Q3 EPS of $0.18, $0.18 better than the analyst estimate of $0.00. Revenue for the quarter came in at $593 million versus the consensus estimate of $506.52 million.
Financial and Operating Highlights
$305 million of comparable EBITDA for the quarter. Excluding PPA Settlements (one-time additional amount of $56 million), comparable EBITDA was $249 million and in line with 2018;$741 million of comparable EBITDA for the nine months ended Sept. 30, 2019. Excluding PPA Settlements, comparable EBITDA was... More