The earnings call highlighted significant strategic expansions, including a major contract with Amazon and the acquisition of two power plants, enhancing Talen's future cash flow and market positioning. However, these positive developments were offset by financial and operational challenges, particularly related to the Susquehanna outage and slower than expected share repurchases.

Company Guidance

During the Talen Energy Corporation's Q2 2025 earnings call, the company reported an adjusted EBITDA of $90 million and an adjusted free cash flow use of $78 million, primarily due to an extended outage at the Susquehanna plant. This outage resulted in an increase of over 75 megawatts from Unit 2. Talen also expanded its agreement with Amazon, doubling it to 1.9 gigawatts, and announced the acquisition of the Freedom Energy Center and Guernsey Power Plant, which is expected to increase free cash flow per share by over 40% in 2026 and more than 50% in the following two years. The company reaffirmed its 2025 guidance and plans to provide updates on its 2026 and 2027-2028 outlooks in September. Talen has also been added to two Russell equity indices, enhancing shareholder demand. Additionally, the company is targeting a net leverage ratio of less than 3.5x by the end of 2026, supported by a $1 billion buyback capacity, and aims to return 70% of capital to shareholders once the leverage target is met.

Adjusted EBITDA Performance

Talen Energy reported an adjusted EBITDA of $90 million for Q2 2025.

Amazon Contract Expansion

Talen expanded its agreement with Amazon to a front-of-the-meter 1.9 gigawatts arrangement, doubling the original contract size.

Strategic Acquisitions

Talen acquired Freedom Energy Center and Guernsey Power Plant, adding low-carbon, highly efficient CCGTs to their fleet, with expected free cash flow per share accretion over 40% in 2026 and more than 50% in the following two years.

PJM Capacity Pricing

Higher 2025/2026 PJM capacity pricing of approximately $270 per megawatt-day is expected to benefit Talen's earnings.

Share Repurchase Program

Approximately 23% of outstanding shares have been repurchased for $2 billion at an average price of around $150 per share since the start of 2024.

Talen Energy Corp (TLN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TLN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 13, 2025	2025 (Q3)	3.21 / -	3.16	―	―	―
Aug 07, 2025	2025 (Q2)	-1.04 / 1.50	7.6	-80.26% (-6.10)
May 08, 2025	2025 (Q1)	1.03 / -2.94	4.84	-160.74% (-7.78)
Feb 27, 2025	2024 (Q4)	0.60 / 2.07	3.08	-32.79% (-1.01)
Nov 14, 2024	2024 (Q3)	0.26 / 3.16	-1.3	343.08% (+4.46)
Aug 13, 2024	2024 (Q2)	-1.14 / 7.60	8.606	-11.69% (-1.01)
May 13, 2024	2024 (Q1)	0.83 / 4.84	0	―
Mar 14, 2024	2023 (Q4)	-0.19 / 3.08	―	―
Nov 14, 2023	2023 (Q3)	- / -1.30	-667.042	99.81% (+665.74)
Aug 14, 2023	2023 (Q2)	- / 8.61	―	―

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

TLN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$378.67	$375.58	-0.82%
May 08, 2025	$231.31	$228.61	-1.17%
Feb 27, 2025	$201.82	$207.95	+3.04%
Nov 14, 2024	$206.52	$203.24	-1.59%

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 Talen Energy Corp (TLN) report earnings?

Talen Energy Corp (TLN) is schdueled to report earning on Nov 13, 2025, TBA (Not Confirmed).

What is Talen Energy Corp (TLN) earnings time?

Talen Energy Corp (TLN) earnings time is at Nov 13, 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 TLN EPS forecast?

TLN EPS forecast for the fiscal quarter 2025 (Q3) is 3.21.

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