TC Energy Corp (TRP.TO) expected to post earnings of 98 cents a share - Earnings Preview
TC Energy Corp (TRP.TO) is anticipated to report earnings of 98 cents per share, with a projected 18.9% decline in quarterly revenue to C$3.439 billion for the period ending March 31, 2025. The average analyst rating is "buy," with a median 12-month price target of C$74.00, above the last closing price of C$69.40. Recent earnings estimates have increased by 2.4% over the past three months, reflecting a generally positive outlook despite the expected revenue drop.
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.
LSEG’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.
Wall Street’s median 12-month price target for TC Energy Corp is C$74.00, above its last closing price of C$69.40. Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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
Mar. 31 2024 1.13 1.14 1.24 Beat 8.4
Dec. 1.09 1.11 1.35 Beat 21.5
31 2023
Sep. 30 2023 0.97 0.97 1.00 Beat 3.1
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)
