BRIEF-TransAlta Q2 non-GAAP loss per share C$0.16

Published 2015-07-29, 08:21 a/m
BRIEF-TransAlta Q2 non-GAAP loss per share C$0.16
TA
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July 29 (Reuters) - TransAlta Corp TA.TO :
* Reports second quarter 2015 results
* Q2 non-GAAP loss per share C$0.16
* Q2 earnings per share view c$-0.03 -- Thomson Reuters I/B/E/S
* Second quarter performance of Canadian coal and energy marketing was below
our expectations"
* Expect that energy marketing will deliver the normal $40 to $60 million of
gross margin for the year
* Says net assets of poplar creek, totaling approximately $226 million are
being reclassified to assets held for sale in Q3
* Expect Canadian coal will achieve stronger performance in back half of year
due to pre-emptive maintenance completed in Q2
* Qtrly comparable funds from operations per share C$0.57

* Source text for Eikon ID:nMKW7pZBXa

* Further company coverage TA.TO

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