Overview
TransAlta Q3 2025 revenue decreased compared to 2024, with no analyst estimates provided
Adjusted EBITDA for Q3 2025 fell to C$238 mln from C$315 mln in 2024
Net loss attributable to common shareholders widened to C$62 mln from C$36 mln in 2024
Outlook
TransAlta remains confident in achieving results within its 2025 Outlook range
Company to provide detailed project updates in Q1 2026 Investor Day
TransAlta entered 230 MW contract with Alberta Electric System Operator
Result Drivers
HEDGING STRATEGY - Co's Alberta hedging strategy and asset optimization led to realized prices above spot prices despite suppressed power prices
DATA CENTER STRATEGY - Progress on Alberta data center strategy with AESO contract and land re-zoning for development
CENTRALIA CONVERSION - Negotiations ongoing to convert Centralia facility to gas-fired operations
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | C$615 mln | ||
Q3 EPS | -C$0.20 | ||
Q3 Adjusted EBITDA | C$238 mln | ||
Q3 FFO | C$156 mln | ||
Q3 FFO Per Share | C$0.53 | ||
Q3 Free Cash Flow | C$105 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the independent power producers peer group is "buy"
Wall Street's median 12-month price target for TransAlta Corp is C$20.00, about 19% below its November 5 closing price of C$23.80
The stock recently traded at 87 times the next 12-month earnings vs. a P/E of 54 three months ago
Press Release: ID:nGNX76HHnf
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)