Talen Energy Corp

TLN

Market cap $18B

Expands and Enhances Portfolio with 2.9 Gigawatts of Highly Efficient Natural Gas-Fired PJM Assets Expands and Enhances Portfolio with 2.9 Gigawatts of Highly Efficient Natural Gas-Fired PJM Assets

The Alger AI Enablers & Adopters ETF outperformed the S&P 500 Index during the third quarter of 2025. NVIDIA Corporation, Nebius Group N.V., and Talen Energy Corp were among the top contributors to performance. Netflix, Inc., Twilio, Inc., and Spotify Technology were among the top detractors from performance.

The Alger Mid Cap 40 ETF outperformed the Russell Midcap Growth Index during the third quarter of 2025. AppLovin Corp. (APP), Talen Energy Corp (TLN), and Robinhood Markets, Inc. (HOOD), were among the top contributors to performance. Wingstop, Inc. (WING), Axon Enterprise Inc (AXON), and Twilio, Inc. (TWLO), were among the top detractors from performance.

The PGIM Jennison Utility Fund advanced and outperformed the 7.6% return of the S&P 500 Utilities Index over the third quarter. Key contributors were Talen Energy Corporation, NextEra and Sempra. Key detractors were Cheniere Energy, Public Service Enterprise Group and Equinix.

Because artificial intelligence (AI) demand is growing so rapidly, and data centers are such power-hungry operations, the one thing that will slow AI's rapid ascent is energy supply.

Nebius Group N.V. (NBIS), Talen Energy Corp (TLN), and Tutor Perini Corporation (TPC) were among the top contributors to performance. Wingstop, Inc. (WING), Portillo's, Inc. (PTLO), and Vertex, Inc. (VERX) were among the top detractors from performance. Portillo's is a fast-casual restaurant chain best known for Chicago-style hot dogs and Italian beef sandwiches, operating company-owned locations across the United States.

Class A shares of the Alger Dynamic Opportunities Fund underperformed the S&P 500 Index during the third quarter of 2025. Long positions AppLovin Corp., Nebius Group N.V., and Talen Energy Corp were among the top contributors to performance. Long positions James Hardie Industries, TransDigm Group Incorporated, and Netflix, Inc. were among the top detractors from performance.

Talen Energy Corporation (TLN) came out with quarterly earnings of $2.38 per share, missing the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $1.64 per share a year ago.

Talen Energy Corporation ( TLN ) Q3 2025 Earnings Call November 5, 2025 4:15 PM EST Company Participants Sergio Castro - Vice President & Treasurer Mark McFarland - CEO, President & Director Terry Nutt - Chief Financial Officer Christopher Morice - Chief Commercial Officer Cole Muller - Executive Vice President of Strategic Ventures Conference Call Participants Agnieszka Storozynski - Seaport Research Partners Shahriar Pourreza - Wells Fargo Securities, LLC, Research Division William Appicelli - UBS Investment Bank, Research Division Jeremy Tonet - JPMorgan Chase & Co, Research Division Steven Fleishman - Wolfe Research, LLC Nicholas Campanella - Barclays Bank PLC, Research Division David Arcaro - Morgan Stanley, Research Division Julien Dumoulin-Smith - Jefferies LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to Talen Energy Corporation Third Quarter 2025 Earnings Call.

Class A shares of the Alger Mid Cap Focus Fund outperformed the Russell Midcap Growth Index during the third quarter of 2025. Robinhood Markets, Inc. (HOOD), Talen Energy Corp (TLN), and Astera Labs, Inc. (ALAB) were among the top contributors to performance. Wingstop, Inc. (WING), Constellation Software Inc.(CNSWF), and Axon Enterprise Inc (AXON) were among the top detractors from performance.