TC Energy Corp reports results for the quarter ended June 30 - Earnings Summary
31/07/2025 14:31
TC Energy Corp TRP.TO reported quarterly adjusted earnings of 82 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 94 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 68 cents to 86 cents per share. Revenue fell 8.3% to C$3.74 billion from a year ago; analysts expected C$3.55 billion. TC Energy Corp's reported EPS for the quarter was 80 cents. The company reported quarterly net income of C$833 million. TC Energy Corp shares had fallen by 2.2% this quarter and lost 2.9% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 3% in the last three months. In the last 30 days, four analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the oil & gas transportation services peer group is also "buy" Wall Street's median 12-month price target for TC Energy Corp is C$75.00, about 13.3% above its last closing price of C$65.02 This summary was machine generated from LSEG data July 31 at 01:30 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 0.78 | 0.82 | Beat |
| Mar. 31 2025 | 0.97 | 0.95 | Missed |
| Dec. 31 2024 | 1.00 | 0.52 | Missed |
| Sep. 30 2024 | 0.95 | 1.03 | Beat |