Transalta Corp. (TAC) Tops Q4 EPS by 9c
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TransAlta Reports Fourth Quarter and Full Year 2016 Results
March 3, 2017 8:00 AM ESTCALGARY, March 3, 2017 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today reported its fourth quarter and full year 2016 financial results. Â Comparable EBITDA(1) for the fourth quarter 2016 was $374 million compared to $268 million during the same period last year. Comparable FFO(1) for the quarter was $228 million, or $0.79 per share, compared to $243 million, or $0.86 per share, during the same period last year. The Keephills 1 Force Majeure (the "K1 FM") adjustments to our provisions had no impact on FFO. Â
Comparable EBITDAÂ for the full year ending December 31, 2016 totaled $1,145... More
