Talen Energy Co. to Post FY2024 Earnings of $0.67 Per Share, Seaport Res Ptn Forecasts (OTCMKTS:TLNE)

Talen Energy Co. (OTCMKTS:TLNE) – Stock analysts at Seaport Res Ptn cut their FY2024 earnings per share (EPS) estimates for Talen Energy in a research report issued to clients and investors on Sunday, April 14th. Seaport Res Ptn analyst A. Storozynski now expects that the company will post earnings per share of $0.67 for the year, down from their previous forecast of $0.68. The consensus estimate for Talen Energy’s current full-year earnings is $2.08 per share. Seaport Res Ptn also issued estimates for Talen Energy’s FY2028 earnings at $5.24 EPS.

Talen Energy (OTCMKTS:TLNE) last posted its earnings results on Thursday, March 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.34. The company had revenue of $527.00 million for the quarter, compared to analyst estimates of $507.00 million.

A number of other research firms also recently commented on TLNE. Wolfe Research started coverage on Talen Energy in a research report on Friday, February 16th. They issued an “outperform” rating and a $81.00 target price on the stock. BWS Financial lifted their target price on Talen Energy from $96.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, March 28th.

Talen Energy Trading Down 0.8 %

OTCMKTS TLNE opened at $93.00 on Tuesday. Talen Energy has a 1-year low of $44.50 and a 1-year high of $98.99. The firm has a 50 day moving average price of $82.59.

Talen Energy Company Profile

Talen Energy Corporation, together with its subsidiaries, operates as a power generation and infrastructure company in the United States. The company operates in two segments: PJM, and ERCOT and WECC. It produces and sells electricity, capacity, and ancillary services. The company also operates nuclear, fossil, solar, gas, and coal power plants, as well as engages in marketing activities.