Q3 2024 EPS Estimates for Talen Energy Co. Boosted by BWS Financial (OTCMKTS:TLNE)

Talen Energy Co. (OTCMKTS:TLNE) – BWS Financial boosted their Q3 2024 EPS estimates for shares of Talen Energy in a report released on Friday, June 28th. BWS Financial analyst H. Khorsand now expects that the company will post earnings of $2.19 per share for the quarter, up from their prior forecast of $2.01. BWS Financial has a “Buy” rating and a $145.00 price objective on the stock. The consensus estimate for Talen Energy’s current full-year earnings is $0.78 per share. BWS Financial also issued estimates for Talen Energy’s Q1 2025 earnings at $1.58 EPS, Q3 2025 earnings at $3.42 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $4.94 EPS.

Talen Energy Stock Performance

Shares of Talen Energy stock opened at $118.00 on Monday. The business has a fifty day simple moving average of $110.36 and a 200-day simple moving average of $88.03. Talen Energy has a fifty-two week low of $49.50 and a fifty-two week high of $125.79. The company has a debt-to-equity ratio of 0.95, a quick ratio of 3.95 and a current ratio of 4.56.

Talen Energy (OTCMKTS:TLNE) last issued its quarterly earnings results on Monday, May 13th. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $1.05. The company had revenue of $509.00 million during the quarter, compared to analyst estimates of $597.00 million.

Talen Energy Company Profile

Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company operates nuclear, fossil, solar, and coal power plants. It is also developing battery storage projects.