TransAlta Reports Solid Second Quarter 2020 Results

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Go back to TransAlta Reports Solid Second Quarter 2020 Results

Transalta Corp. (TAC) Reports Q2 Loss of Cdn$0.22 on Revenues of Cdn$437M

July 31, 2020 7:24 AM EDT

Transalta Corp. (NYSE: TAC) reported Q2 EPS of (Cdn$0.22), versus Cdn$0.00 reported last year. Revenue for the quarter came in at Cdn$437 million, versus Cdn$497 million reported last year.

Second Quarter 2020 Highlights

Comparable EBITDA of $217 million in line with 2019Free cash flow ("FCF") of $91 million or $0.33 per share, a 94% increase on a per share basis compared to $49 million or $0.17 per share of FCF for the same period in... More