Talen Energy Q2 EPS $7.60 Up From $0.49 YoY, Sales $489.00M Beat $437.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Talen Energy (NASDAQ:TLN) reported a significant increase in Q2 earnings per share (EPS) to $7.60, up 1451.02% from $0.49 YoY. The company also reported quarterly sales of $489.00 million, beating the analyst estimate of $437.50 million by 11.77% and marking a 62.46% increase from $301.00 million YoY.
August 13, 2024 | 2:32 pm
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Talen Energy reported a massive increase in Q2 EPS to $7.60, up 1451.02% YoY, and sales of $489.00 million, beating estimates by 11.77%.
The significant increase in EPS and sales, both beating analyst estimates, is likely to positively impact Talen Energy's stock price in the short term.
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