TransAlta (TAC) reported Q2 adjusted net earnings Friday of 0.18 Canadian dollars ($0.13) per share, down from CA$0.23 a year earlier.
Analysts polled by FactSet expected CA$0.11.
Revenue for the quarter ended June 30 was CA$433 million, compared with CA$582 million a year earlier.
Shares of the company rose 4% in recent premarket activity Friday.
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