CALGARY – CALGARY, Alberta (AP) _ TransAlta Corp. (TAC) on Tuesday reported first-quarter net income of $45.2 million.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 16 cents.
The power generation and marketing company posted revenue of $413.7 million in the period.
TransAlta shares have climbed 49 per cent since the beginning of the year. The stock has fallen 47 per cent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAC at http://www.zacks.com/ap/TAC
Keywords: TransAlta, Earnings Report