Talen Energy (TLN) Tops Q1 EPS Views; Updates FY16 Guidance
Talen Energy (NYSE: TLN) reported Q1 EPS of $1.18, $1.10 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $851.48 million.
2016 Financial Outlook
- Guidance ranges updated to include actual results from assets sold in 2016: Adjusted EBITDA projection updated to $655-$855 million and Adjusted Free Cash Flow projection updated to $260-$460 million1
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