Transalta Corp. (TAC) Tops Q3 EPS by 1c

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TransAlta Reports Third Quarter 2022 Results, Increases 2022 Financial Guidance, and Announces a 10% Common Share Dividend Increase

November 8, 2022 7:00 AM EST

CALGARY, AB, Nov. 8, 2022 /PRNewswire/ -

Third Quarter 2022 Financial Highlights

Adjusted EBITDA(1),(2) of $555 million, an increase of 38% over the same period in 2021Free Cash Flow(1) of $393 million, or $1.45 per share, an increase of $0.68 or 88% on a per-share basis compared to the same period in 2021Earnings before income taxes of $126 million, compared to a loss before income taxes of $441 in the same period in 2021Net earnings attributable to common shareholders of $61 million or $0.23 per... More