TransAlta Future Growth

Future criteria checks 0/6

TransAlta's revenue and earnings are forecast to decline at 14.4% and 125.7% per annum respectively. EPS is expected to decline by 112.2% per annum. Return on equity is forecast to be -2.3% in 3 years.

Key information

-125.7%

Earnings growth rate

-112.2%

EPS growth rate

Renewable Energy earnings growth	4.4%
Revenue growth rate	-14.4%
Future return on equity	-2.3%
Analyst coverage	Low
Last updated	26 Feb 2024

Recent future growth updates

Recent updates

Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

May 06

Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Feb 08

Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

Dec 28

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Aug 08

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

May 03

Is TransAlta (TSE:TA) Using Too Much Debt?

Jan 11

TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet

Sep 26

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Jun 07

Earnings and Revenue Growth Forecasts

TSX:TA - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	2,524	18	624	771	2
12/31/2024	2,760	85	505	833	2
12/31/2023	3,355	644	576	1,464	N/A
9/30/2023	3,585	565	414	1,505	N/A
6/30/2023	3,497	254	-179	1,028	N/A
3/31/2023	3,330	112	-255	888	N/A
12/31/2022	2,976	4	-72	877	N/A
9/30/2022	2,732	89	-69	580	N/A
6/30/2022	2,653	-428	493	986	N/A
3/31/2022	2,814	-360	712	1,195	N/A
12/31/2021	2,721	-576	512	1,001	N/A
9/30/2021	2,655	-665	493	1,057	N/A
6/30/2021	2,319	-345	136	704	N/A
3/31/2021	2,137	-393	220	745	N/A
12/31/2020	2,101	-336	202	702	N/A
9/30/2020	2,166	-103	391	773	N/A
6/30/2020	2,245	84	411	844	N/A
3/31/2020	2,305	144	513	981	N/A
12/31/2019	2,347	52	418	849	N/A
9/30/2019	2,360	-136	392	800	N/A
6/30/2019	2,360	-273	307	631	N/A
3/31/2019	2,309	-378	201	477	N/A
12/31/2018	2,249	-248	523	820	N/A
9/30/2018	2,265	-271	469	769	N/A
6/30/2018	2,260	-212	466	811	N/A
3/31/2018	2,317	-125	387	770	N/A
12/31/2017	2,307	-190	237	626	N/A
9/30/2017	2,386	16	N/A	667	N/A
6/30/2017	2,418	31	N/A	694	N/A
3/31/2017	2,407	55	N/A	750	N/A
12/31/2016	2,397	117	N/A	744	N/A
9/30/2016	2,275	49	N/A	740	N/A
6/30/2016	2,296	215	N/A	712	N/A
3/31/2016	2,242	78	N/A	554	N/A
12/31/2015	2,267	-24	N/A	432	N/A
9/30/2015	2,390	131	N/A	564	N/A
6/30/2015	2,388	-29	N/A	580	N/A
3/31/2015	2,441	52	N/A	670	N/A
12/31/2014	2,623	141	N/A	796	N/A
9/30/2014	2,492	-73	N/A	710	N/A
6/30/2014	2,476	-76	N/A	747	N/A
3/31/2014	2,527	-11	N/A	788	N/A
12/31/2013	2,292	-71	N/A	765	N/A
9/30/2013	2,351	34	N/A	846	N/A
6/30/2013	2,250	99	N/A	607	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TA's earnings are forecast to decline over the next 3 years (-125.7% per year).

Earnings vs Market: TA's earnings are forecast to decline over the next 3 years (-125.7% per year).

High Growth Earnings: TA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TA's revenue is expected to decline over the next 3 years (-14.4% per year).

High Growth Revenue: TA's revenue is forecast to decline over the next 3 years (-14.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TA is forecast to be unprofitable in 3 years.

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TransAlta Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

TransAlta Corporation Provides Production Guidance for the Full Year 2024

Consensus EPS estimates increase by 25%

Consensus revenue estimates increase by 44%

Consensus revenue estimates increase by 12%

Consensus EPS estimates increase by 20%

Recent updates

TransAlta Corporation Announces CFO Changes

Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?

TransAlta Corporation to Report Q1, 2024 Results on May 03, 2024

President exercised options to buy CA$815k worth of stock.

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of CA$0.06 per share

TransAlta Corporation, Annual General Meeting, Apr 25, 2024

TransAlta Corporation to Report Q4, 2023 Results on Feb 23, 2024

TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt

President exercised options to buy CA$266k worth of stock.

TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement

President exercised options and sold CA$277k worth of stock

Upcoming dividend of CA$0.055 per share at 2.0% yield

TransAlta Corporation Provides Production Guidance for the Full Year 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Ransalta Corporation Declares Quarterly Dividend Payable on January 1, 2024

TransAlta Corporation to Report Q3, 2023 Results on Nov 07, 2023

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from TortoiseEcofin Investments, LLC and others.

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW).

New minor risk - Shareholder dilution

These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively

Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?

Upcoming dividend of CA$0.055 per share at 1.6% yield

Consensus EPS estimates increase by 25%

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Transalta Corporation Declares Quarterly Dividend, Payable on October 1, 2023

Transalta Corporation Declares Quarterly Dividend, Payable on October 1, 2023

New minor risk - Shareholder dilution

TransAlta Corporation (TSX:TA) entered into a definitive arrangement agreement to acquire remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from shareholders for CAD 1.3 billion.

TransAlta Corporation to Report Q2, 2023 Results on Aug 04, 2023

We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Upcoming dividend of CA$0.055 per share at 1.7% yield

Consensus revenue estimates increase by 44%

Consensus revenue estimates increase by 12%

Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently sold CA$159k worth of stock

Insider exercised options to buy CA$294k worth of stock.

President exercised options to buy CA$784k worth of stock.

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of CA$0.055 per share at 1.8% yield

TransAlta Corporation, Annual General Meeting, Apr 28, 2023

Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Consensus EPS estimates increase by 20%

TransAlta Corporation to Report Q4, 2022 Results on Feb 23, 2023

President exercised options to buy CA$227k worth of stock.

Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

President exercised options and sold CA$679k worth of stock

Transalta Corporation Appoints Manjit Sharma to the Board of Directors Effective January 1, 2023

TransAlta Corporation Declares a Quarterly Dividend, Payable on April 1, 2023

Upcoming dividend of CA$0.055 per share

High number of new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Transalta Corporation Announces Retirement of Beverlee Park from Board of Directors

TransAlta Corporation to Report Q3, 2022 Results on Nov 08, 2022

Upcoming dividend of CA$0.05 per share

President exercised options to buy CA$118k worth of stock.

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

TransAlta Corporation Provides Dividend Guidance for 2022

TransAlta Corporation Declares Quarterly Dividend, Payable on October 1, 2022

TransAlta Corporation to Report Q2, 2022 Results on Aug 05, 2022

Executive VP of Finance & CFO exercised options to buy CA$224k worth of stock.

Upcoming dividend of CA$0.05 per share

Executive Vice President of People exercised options and sold CA$731k worth of stock

Insider recently sold CA$1.4m worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations