AP NEWS
Click to copy
Click to copy

TransAlta: 2Q Earnings Snapshot

August 9, 2019

CALGARY, Alberta (AP) _ TransAlta Corp. (TAC) on Friday reported second-quarter net income of $7.5 million, after reporting a loss in the same period a year earlier.

The Calgary, Alberta-based company said it had profit of less than 1 cent on a per-share basis.

The power generation and marketing company posted revenue of $371.6 million in the period.

TransAlta shares have risen 47% since the beginning of the year. The stock has climbed slightly more than 4% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAC at https://www.zacks.com/ap/TAC

All contents © copyright 2019 The Associated Press. All rights reserved.