Talen Energy Swings to Q1 Net Loss, Revenue Falls; Shares Down

MT Newswires Live
08 May

Talen Energy (TLN) reported a Q1 net loss Thursday of $2.94 per diluted share, swinging from earnings of $4.84 a year earlier.

Four analysts surveyed by FactSet expected a profit of $1.09 per share.

Operating revenue for the quarter ended March 31 was $390 million, down from $509 million a year earlier.

Four analysts surveyed by FactSet expected $509.2 million.

Shares of the company were down more than 4% in recent Thursday premarket activity.

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