Transalta Corp. (TAC) Tops Q1 EPS by 61c

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TransAlta Reports First Quarter 2022 Results and Reaches 40% of Renewables Growth Target

May 6, 2022 7:00 AM EDT

First Quarter 2022 Financial HighlightsAdjusted EBITDA(1),(2) of $266 million, a decrease of 14% over the same period in 2021Free Cash Flow ("FCF")(1) of $115 million, or $0.42 per share, a decrease of 13% on a per-share basis from same period in 2021Earnings before income taxes of $242 million, an increase of $221 million from the same period in 2021Net earnings attributable to... More