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TC Energy's first-quarter profit misses estimates

ReutersMay 1, 2025 10:34 AM

- 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.

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