TransAlta Corp (TAC) revealed a profit for first quarter that decreased from the same period last year
The company's earnings totaled $46 million, or $0.15 per share. This compares with $222 million, or $0.72 per share, last year.
Excluding items, TransAlta Corp reported adjusted earnings of $30 million or $0.10 per share for the period.
The company's revenue for the period fell 20.0% to $758 million from $947 million last year.
TransAlta Corp earnings at a glance (GAAP) :
-Earnings: $46 Mln. vs. $222 Mln. last year.
-EPS: $0.15 vs. $0.72 last year.
-Revenue: $758 Mln vs. $947 Mln last year.
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