TransAlta: Q2 Earnings Snapshot
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CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — TransAlta Corp. (TAC) on Friday reported second-quarter earnings of $55.1 million.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 17 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The power generation and marketing company posted revenue of $465.3 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAC at https://www.zacks.com/ap/TAC
