Talen Energy (TLN) to Release Quarterly Earnings on Thursday

Talen Energy (NASDAQ:TLN) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $1.63 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Talen Energy (NASDAQ:TLN) last released its quarterly earnings data on Tuesday, August 13th. The utilities provider reported $0.19 earnings per share for the quarter, beating the consensus estimate of ($1.14) by $1.33. The business had revenue of $489.00 million for the quarter, compared to analyst estimates of $437.50 million. Talen Energy had a return on equity of 2.27% and a net margin of 41.79%. On average, analysts expect Talen Energy to post $15 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Talen Energy Stock Performance

Shares of NASDAQ TLN opened at $192.13 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 4.51 and a quick ratio of 3.86. Talen Energy has a 12 month low of $52.01 and a 12 month high of $198.00. The stock has a 50-day moving average price of $137.43 and a two-hundred day moving average price of $106.87.

Analysts Set New Price Targets

TLN has been the topic of several recent research reports. BWS Financial lifted their target price on shares of Talen Energy from $145.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, September 6th. Barclays cut their price target on shares of Talen Energy from $207.00 to $202.00 and set an “overweight” rating on the stock in a report on Monday, October 21st. Jefferies Financial Group initiated coverage on Talen Energy in a research report on Friday, September 13th. They set a “buy” rating and a $226.00 target price for the company. JPMorgan Chase & Co. began coverage on Talen Energy in a report on Thursday, October 17th. They set an “overweight” rating and a $268.00 target price on the stock. Finally, UBS Group began coverage on Talen Energy in a research note on Wednesday, September 18th. They issued a “buy” rating and a $197.00 price target for the company. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $205.33.

Talen Energy Company Profile

Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.