Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Transalta Corp. (TAC)
NYSE:TAC
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.51Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 6.82%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for TransAlta, with strong financial performance, strategic acquisitions, significant achievements in emission reductions, and a continued focus on returning value to shareholders. However, there were challenges related to lower Alberta spot prices and increased costs, particularly in the Gas segment.Company Guidance
During the TransAlta Corporation's fourth quarter and full year 2024 results conference call, the company announced that it achieved strong financial and operational performance, meeting the upper range of its guidance. TransAlta delivered an adjusted EBITDA of $1.25 billion and a free cash flow of $569 million, equivalent to $1.88 per share. The company reported an average fleet availability of 91.2% and returned $214 million, or $0.71 per share, to shareholders through dividends and share repurchases at an average price of $10.59 per share. TransAlta also highlighted strategic initiatives such as the Heartland acquisition, which added 1.75 gigawatts of capacity, contributing an estimated $175 million annually to adjusted EBITDA. The company announced an 8% dividend increase to $0.26 per share, marking the sixth consecutive annual increase. Looking ahead, TransAlta's 2025 guidance anticipates adjusted EBITDA between $1.15 billion and $1.25 billion and free cash flow ranging from $450 million to $550 million, or $1.51 to $1.85 per share.Strong Financial Performance
TransAlta delivered strong financial and operational performance in 2024, achieving adjusted EBITDA of $1.25 billion and free cash flow of $569 million, both at the upper range of guidance.
Significant Emission Reductions
Since 2015, TransAlta reduced Scope 1 and Scope 2 greenhouse gas emissions by 22.7 megatons or 70%.
Heartland Acquisition
Successfully closed the acquisition of Heartland, adding 1.75 gigawatts of capacity and enhancing the competitive position in Alberta.
Completed Key Projects
Completed the 200-megawatt Horizon Hill Wind facility, the 300-megawatt White Rock wind facilities, and the Kent Hills rehabilitation, contributing over $175 million in adjusted EBITDA annually.
Dividend Increase
Announced an 8% increase to the common share dividend, representing the sixth consecutive annual increase.
---
TAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $10.56 | $11.28 | +6.82% |
| Nov 05, 2024 | $10.25 | $11.03 | +7.61% |
| Aug 01, 2024 | $7.47 | $8.08 | +8.17% |
| May 03, 2024 | $6.65 | $6.96 | +4.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Transalta Corp. (TAC) report earnings?
Transalta Corp. (TAC) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Transalta Corp. (TAC) earnings time?
Transalta Corp. (TAC) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TAC EPS forecast?
TAC EPS forecast for the fiscal quarter 2025 (Q1) is 0.13.
---