TransAlta (TAC) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.18
- Estimate
- $0.16
- Surprise
- +12.5%
- Revenue (period 2026-06-30)
- $487.0M
- Score today
- 5.5/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
TransAlta (TAC) beat the $0.16 estimate with adjusted EPS of $0.18 — a large 12.5% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TAC Sell at 5.5/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +12.5% surprise compares with a +102.7% four-quarter average. Next scheduled report: 2026-11-03.
What argues against it
- Target reached (-12.2% upside)
- Quality below floor (3.6 < 4.0)
- Value-trap signals (2/5): High leverage (D/E 1.7), Negative free cash flow
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $12.66
- Price target
- $13.00
- Stop
- $11.86
- Upside to target
- +2.7%
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
TAC at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Independent Power Producers
- Market cap
- $4.00B
- P/E (fwd)
- 30.4
- 52-week range
- $11.38–$17.88
- Off 52-week high
- 29.2%
- RSI (14)
- 69
- Volume vs avg
- 1.69×
- Score today
- 5.5/10