TransAlta (TSE:TA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
TransAlta reported a significant decline in net earnings for the third quarter of 2024, with a loss of $22 million compared to a profit of $419 million in the same period last year. The company’s earnings were impacted by higher costs and lower revenues, contributing to a net loss per share of $0.12. Despite these challenges, TransAlta continues to navigate a complex market environment.
For further insights into TSE:TA stock, check out TipRanks’ Stock Analysis page.