TransAlta (TAC) Expected to Announce Quarterly Earnings on Tuesday

TransAlta (NYSE:TAC) (TSE:TA) is expected 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. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

TransAlta (NYSE:TAC) (TSE:TA) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $342.85 million during the quarter, compared to analysts’ expectations 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 Trading Up 1.5%

NYSE:TAC traded up $0.19 on Tuesday, reaching $12.46. The company’s stock had a trading volume of 49,082 shares, compared to its average volume of 1,614,055. The business’s 50-day moving average price is $12.35 and its two-hundred day moving average price is $12.92. TransAlta has a 1-year low of $11.38 and a 1-year high of $17.88. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.77 and a current ratio of 0.84. The firm has a market cap of $3.94 billion, a PE ratio of -68.91 and a beta of 0.75.

Analysts Set New Price Targets

Several analysts have issued reports on TAC shares. Zacks Research upgraded TransAlta from a “strong sell” rating to a “hold” rating in a research note on Monday, August 17th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of TransAlta in a report on Friday, July 17th. Weiss Ratings raised shares of TransAlta from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Finally, BMO Capital Markets restated an “outperform” rating on shares of TransAlta in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently 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.