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TransAlta Reports Third Quarter Financial Loss
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TransAlta Reports Third Quarter Financial Loss

TransAlta (TSE:TA) has released an update.

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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.

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