Talen Energy Corporation reported second-quarter earnings of 16 cents per share, missing the Zacks Consensus Estimate of $3.20 per share by 95 percent. Revenue came in at $747 million, falling short of the consensus by 5.75 percent, though it increased from $630 million a year earlier. The company has beaten consensus EPS estimates twice in the past four quarters. Shares have lost about 9.3 percent year to date, while the S&P 500 has gained 13 percent. The current Zacks Rank for the stock is 2, or Buy, with consensus estimates for the coming quarter at $9.84 per share on $1.21 billion in revenue.
Talen Energy CorporationQ2 earnings and revenues miss estimates
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