In This Article:
TransAlta (TSE:TA) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$638.0m (down 37% from 3Q 2023).
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Net loss: CA$36.0m (down by 110% from CA$372.0m profit in 3Q 2023).
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CA$0.12 loss per share (down from CA$1.41 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TransAlta Earnings Insights
Looking ahead, revenue is expected to decline by 5.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Canada are expected to grow by 3.3%.
Performance of the Canadian Renewable Energy industry.
The company's shares are up 8.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for TransAlta (1 is potentially serious) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.