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TransAlta Corp (TAC)
:TAC
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 0.99%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong operational performance, strategic partnerships, and financial discipline with increased dividends and a successful green note offering. However, these positives were tempered by lower adjusted EBITDA and free cash flow, mainly due to weaker market conditions in Alberta.Company Guidance
During the TransAlta Corporation First Quarter 2025 Results Conference Call, the company provided comprehensive guidance on their financial and operational performance. TransAlta reported an adjusted EBITDA of $270 million and free cash flow of $139 million, translating to $0.47 per share. A significant highlight was the announcement of an 8% increase in their common share dividend to $0.26 per share on an annualized basis, marking the sixth consecutive annual dividend increase. They also returned $24 million to shareholders through share buybacks at an average price of $12.42 per share. The company demonstrated strong operational performance with a 94.9% average fleet availability and is actively managing its Alberta merchant portfolio through hedging strategies that realized prices well above spot prices. Looking ahead, TransAlta aims to maintain its guidance range for 2025, supported by a hedging strategy that covers approximately 75% of expected generation revenue. The company is also focusing on diversifying its portfolio, decreasing reliance on the Alberta market, and exploring M&A opportunities to enhance shareholder value.Exceptional Operational Performance
TransAlta delivered exceptional operational performance across its entire fleet during the first three months of 2025, with average fleet availability at 94.9%.
Dividend Increase
TransAlta announced an 8% increase to its common share dividend to $0.26 per share on an annualized basis, marking the sixth consecutive annual dividend increase.
Strategic Partnership with Nova Clean Energy
TransAlta formed a strategic partnership with Nova Clean Energy, including a $100 million revolving credit facility and a $75 million term loan to Nova, with exclusive options to purchase projects developed by Nova in the WECC region.
Successful Green Note Offering
TransAlta successfully closed a $450 million, seven-year senior unsecured green note offering with a coupon of 5.625% maturing in 2032, marking a return to the Canadian debt capital market for the first time since 2013.
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 |
|---|---|---|---|
May 07, 2025 | $9.06 | $8.52 | -5.96% |
Feb 20, 2025 | $10.52 | $11.23 | +6.75% |
Nov 05, 2024 | $10.21 | $10.98 | +7.54% |
Aug 01, 2024 | $7.44 | $8.04 | +8.06% |
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 Aug 01, 2025, TBA Not Confirmed.
What is TransAlta Corp (TAC) earnings time?
TransAlta Corp (TAC) earnings time is at Aug 01, 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 (Q2) is 0.04.