TC Energy's first-quarter profit misses estimates
01/05/2025 11:34
May 1 (Reuters) - Canadian pipeline operator TC Energy TRP.TO missed estimates for first-quarter profit on Thursday, hurt by weakness in its power and energy solutions business. On an adjusted basis, the Calgary-based company earned C$0.95 per share for the three months ended March 31, compared with analysts' average expectation of 97 Canadian cents, according to data compiled by LSEG. (Reporting by Mrinalika Roy in Bengaluru; Editing by Shounak Dasgupta) ((mrinalika.roy@thomsonreuters.com))