TransAlta Reports First Quarter 2020 Results and Reaffirms 2020 Outlook
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Transalta Corp. (TAC) Tops Q1 EPS by 10c, Revenues Beat
May 12, 2020 7:03 AM EDTTransalta Corp. (NYSE: TAC) reported Q1 EPS of $0.10, $0.10 better than the analyst estimate of $0.00. Revenue for the quarter came in at $606 million versus the consensus estimate of $506.52 million.
"First quarter results were strong amidst an unprecedented pandemic in which the company reacted quickly and efficiently to ensure the essential power demands of our communities and customers were uninterrupted and everyone remained healthy," said Dawn Farrell, President and Chief Executive Officer. "Our results demonstrate the strength of our operations, our contractedness and our portfolio diversification, giving us confidence to reaffirm... More
