TransAlta Q1 FFO Per Share C$0.78 Vs. C$1.40 Prior Year
Portfolio Pulse from Benzinga Newsdesk
TransAlta reported a decrease in its Q1 FFO per share to C$0.78 from C$1.40 in the prior year, indicating a significant reduction in its financial performance.
May 03, 2024 | 11:12 am
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TransAlta's Q1 FFO per share decreased to C$0.78 from C$1.40 in the prior year, reflecting a downturn in its financial performance.
The significant drop in FFO per share from C$1.40 to C$0.78 indicates a substantial decrease in TransAlta's financial performance. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100