TransAlta (TAC) Expected to Post Earnings on Tuesday

Key Points

• TransAlta is expected to report Q3 2026 results before the market opens on November 3. Analysts project earnings of $0.05 per share and revenue of $366.40 million.
• In the previous quarter, TransAlta earned $0.13 per share, exceeding estimates of $0.11, but revenue of $342.85 million fell short of expectations. Analysts forecast full-year EPS of $0.21 and next-year EPS of $0.39.
• Shares recently traded at $12.46, while analysts maintain a “Moderate Buy” consensus rating and an average price target of $24.50.

TransAlta (NYSE:TAC - Get Free Report) TSE: TA is projected to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.05 per share and revenue of $366.40 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

TransAlta (NYSE:TAC - Get Free Report) TSE: TA last issued its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. TransAlta had a negative net margin of 2.76% and a positive return on equity of 8.85%. The company had revenue of $342.85 million during the quarter, compared to the consensus estimate of $379.54 million. On average, analysts expect TransAlta to post $0.21 EPS for the current fiscal year and $0.39 EPS for the next fiscal year.

TransAlta Stock Up 1.5%

Shares of TransAlta stock traded up $0.19 during trading hours on Tuesday, hitting $12.46. The company had a trading volume of 49,082 shares, compared to its average volume of 1,614,055. The company has a market cap of $3.94 billion, a P/E ratio of -68.91 and a beta of 0.75. TransAlta has a twelve month low of $11.38 and a twelve month high of $17.88. The company's 50-day moving average is $12.35 and its two-hundred day moving average is $12.92. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.84 and a quick ratio of 0.77.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TAC shares. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of TransAlta in a research note on Friday, July 17th. Zacks Research raised shares of TransAlta from a "strong sell" rating to a "hold" rating in a research report on Monday, August 17th. Weiss Ratings upgraded TransAlta from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, October 8th. Finally, BMO Capital Markets reaffirmed an "outperform" rating on shares of TransAlta in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $24.50.

TransAlta Company Profile

TransAlta Corporation is a Canada-based power generation and wholesale marketing company headquartered in Calgary, Alberta. The company develops, owns and operates a diversified portfolio of electricity-generating facilities, including hydroelectric, wind, solar, natural gas and coal-fired power assets.

TransAlta supplies electricity to utilities, commercial and industrial customers, and wholesale markets. Its activities include power generation, energy marketing, asset management and the development of renewable energy projects.

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