TC Energy Corp reports results for the quarter ended June 30 - Earnings Summary
TC Energy Corp reports results for the quarter ended June 30 - Earnings Summary
TC Energy Corp TRP.TO reported quarterly adjusted earnings of 94 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 75 cents to 89 cents per share.
Revenue rose 5.7% to C$3.96 billion from a year ago; analysts expected C$3.91 billion.
TC Energy Corp's reported EPS for the quarter was 95 cents.
The company reported quarterly net income of C$987 million.
TC Energy Corp shares had risen by 0.7% this quarter and gained 25.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 9 "hold" and 1 "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$100.00, about 5.4% above its last closing price of C$94.61
This summary was machine generated from LSEG data July 30 at 08:08 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 2026 | 1.59 | 2.13 | Beat |
Mar. 31 2026 | 1.77 | 2.50 | Beat |
Dec. 31 2025 | 1.72 | 1.82 | Beat |
Sep. 30 2025 | 1.55 | 1.85 | Beat |