08:46 AM EST, 11/05/2024 (MT Newswires) -- TransAlta ( TAC ) reported a Q3 net loss Tuesday of 0.12 Canadian dollars ($0.086) per diluted share, swinging from earnings of CA$1.41 a year earlier.

An analyst surveyed by Capital IQ expected earnings of CA$0.16.

Revenue for the quarter ended Sept. 30 was CA$638 million, down from CA$1.02 billion a year earlier.

Analysts' estimates were not available for comparison.

Shares of the company were down 2% in recent premarket activity.

Price: 10.08, Change: -0.21, Percent Change: -2.04