TransAlta Corp reported a Q4 loss of $84M, down from $163M a year earlier; revenue fell to $624M from $854M in Q4 2022.

TransAlta Corp reported a Q4 loss of $84M, down from $163M a year earlier. The power utility's loss amounted to 27 cents per diluted share for Q4 2023, compared to 61 cents a year earlier. Revenue fell to $624M from $854M in Q4 2022. TransAlta expects adjusted EBITDA of $1.15B to $1.30B for 2024 and free cash flow of $1.47 to $1.96 per share.

February 23, 2024
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