TransAlta (TAC) Projected to Announce Earnings on Friday

Posted by Brenda Bartman on Jul 30th, 2026

TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) is projected to announce its Q2 2026 results before the market opens on Friday, July 31st. Analysts expect TransAlta to announce earnings of $0.11 per share and revenue of $379.5410 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.

TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. TransAlta had a positive return on equity of 9.52% and a negative net margin of 9.46%.The business had revenue of $406.19 million during the quarter, compared to analysts’ expectations of $436.36 million. On average, analysts expect TransAlta to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TransAlta Stock Performance

Shares of TAC stock opened at $12.46 on Thursday. The business’s 50-day moving average price is $13.63 and its 200-day moving average price is $13.18. TransAlta has a 12 month low of $11.38 and a 12 month high of $17.88. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of -23.08 and a beta of 0.69. The company has a current ratio of 0.76, a quick ratio of 0.70 and a debt-to-equity ratio of 6.61.

Hedge Funds Weigh In On TransAlta

Hedge funds have recently made changes to their positions in the stock. Investment Management Corp of Ontario bought a new position in TransAlta during the fourth quarter worth $410,000. Russell Investments Group Ltd. lifted its holdings in TransAlta by 339.6% in the fourth quarter. Russell Investments Group Ltd. now owns 22,862 shares of the utilities provider’s stock valued at $290,000 after buying an additional 17,661 shares during the period. Entropy Technologies LP acquired a new position in TransAlta in the fourth quarter valued at $303,000. Dynamic Technology Lab Private Ltd boosted its position in TransAlta by 82.6% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 32,810 shares of the utilities provider’s stock valued at $415,000 after acquiring an additional 14,845 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. boosted its position in TransAlta by 29.3% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 30,172 shares of the utilities provider’s stock valued at $382,000 after acquiring an additional 6,830 shares during the last quarter. 59.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TAC shares. TD Cowen began coverage on shares of TransAlta in a report on Wednesday, June 10th. They issued a “buy” rating for the company. BMO Capital Markets started coverage on shares of TransAlta in a research report on Wednesday, June 10th. They set an “outperform” rating on the stock. Weiss Ratings upgraded shares of TransAlta from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, June 16th. Zacks Research cut shares of TransAlta from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Finally, TD Securities reaffirmed a “buy” rating on shares of TransAlta in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

View Our Latest Report on TAC

TransAlta Company Profile

(Get Free Report)

TransAlta Corporation, originally founded in 1909 as Calgary Power Company Ltd., is a publicly traded energy company specializing in the development, ownership and operation of power generation and transmission assets. Headquartered in Calgary, Alberta, TransAlta has grown from its early hydroelectric roots into a diversified energy provider with a multi-fuel generating fleet.

The company’s core business activities encompass power generation, asset management and energy trading services.