TC Energy Corp expected to post earnings of 98 cents a share - Earnings Preview

TC Energy

29/04/2025 13:39

TC Energy Corp TRP.TO  is expected to show a fall in quarterly revenue when it reports  results on May 1 for the period ending March 31 2025

The Calgary Alberta-based  company is expected to report a 18.9% decrease in revenue to C$3.439 billion from C$4.24 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for TC Energy Corp is for earnings of 98 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 2.4% in the last three months. ‚Äč

Wall Street's median 12-month price target for TC Energy Corp is C$74.00‚Äč, above‚Äč its last closing price of C$69.40. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
1.01
1.00
0.52
Missed
-47.8
Sep. 30 2024
0.96
0.95
1.03
Beat
8.4
Jun. 30 2024
0.91
0.91
0.94
Beat
2.8‚Äč
Mar. 31 2024
1.13
1.14
1.24
Beat
8.4
‚Äč‚ÄčDec. 31 2023
1.09
1.11
1.35
Beat
21.5
Sep. 30 2023
0.97
0.97
1.00
Beat
3.1‚Äč
Jun. 30 2023
0.95
0.95
0.96
Beat
0.8
Mar. 31 2023
1.17
1.15
1.21
Beat
5

This summary was machine generated April 29 at 12:39 GMT.  All figures in Canadian 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)