TransAlta Renewables: TransAlta Renewables Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

TransAlta Renewables Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 124 million compared to CAD 114 million a year ago. Net loss was CAD 20 million compared to net income of CAD 20 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to basic earnings per share from continuing operations of CAD 0.07 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to diluted earnings per share from continuing operations of CAD 0.07 a year ago. For the nine months, sales was CAD 406 million compared to CAD 332 million a year ago. Net income was CAD 34 million compared to CAD 97 million a year ago. Basic earnings per share from continuing operations was CAD 0.13 compared to CAD 0.36 a year ago. Diluted earnings per share from continuing operations was CAD 0.13 compared to CAD 0.36 a year ago.