South Bow Corporation reports results for the quarter ended June 30 - Earnings Summary
South Bow Corporation reports results for the quarter ended June 30 - Earnings Summary
South Bow Corporation SOBO.TO reported quarterly adjusted earnings of 50 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of eleven analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 34 cents to 48 cents per share.
Revenue rose 4.2% to $546.00 million from a year ago; analysts expected $483.74 million.
South Bow Corporation's reported EPS for the quarter was 64 cents.
The company reported quarterly net income of $134 million.
South Bow Corporation shares had risen by 2.0% this quarter and gained 34.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is "buy."
Wall Street's median 12-month price target for South Bow Corporation is C$48.00, about 3.8% below its last closing price of C$49.82
This summary was machine generated from LSEG data August 5 at 11:47 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.43 | 0.50 | Beat |
Mar. 31 2026 | 0.45 | 0.44 | Missed |
Dec. 31 2025 | 0.40 | 0.61 | Beat |
Sep. 30 2025 | 0.37 | 0.47 | Beat |
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