CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — TransAlta Corp. (TAC) on Friday reported first-quarter earnings of $217.4 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 81 cents.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The power generation and marketing company posted revenue of $805.4 million in the period.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAC at https://www.zacks.com/ap/TAC
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.