HOUSTON (AP) — HOUSTON (AP) — Talen Energy (TLN) on Thursday reported third-quarter profit of $168 million.
On a per-share basis, the Houston-based company said it had net income of $3.16. Earnings, adjusted for non-recurring gains, came to $1.64 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The power generation and infrastructure company posted revenue of $650 million in the period.
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