TransAlta (NYSE:TAC) reported its Q1 earnings results on Friday, May 5, 2023 at 07:15 AM.

Here's what investors need to know about the announcement.

Earnings

TransAlta beat estimated earnings by 376.47%, reporting an EPS of $0.81 versus an estimate of $0.17.

Revenue was up $225.47 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.84 which was followed by a 3.37% drop in the share price the next day.

Here's a look at TransAlta's past performance:

To track all earnings releases for TransAlta visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.