Enbridge Inc ENB.TO is expected to show a fall in quarterly revenue when it reports results on February 14 for the period ending December 31 2024
The Calgary Alberta-based company is expected to report a 31.9% decrease in revenue to C$7.698 billion from C$11.3 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Total Operating Revenue)
LSEG's mean analyst estimate for Enbridge Inc is for earnings of 75 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Enbridge Inc is C$63.50, below its last closing price of C$64.69.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.22 | 1.21 | 1.37 | Beat | 13.1 |
Jun. 30 2024 | 1.30 | 1.28 | 1.32 | Beat | 2.8 |
Mar. 31 2024 | 1.53 | 1.49 | 1.48 | Missed | -0.7 |
Dec. 31 2023 | 1.29 | 1.28 | 1.79 | Beat | 39.8 |
Sep. 30 2023 | 1.20 | 1.20 | 1.51 | Beat | 25.8 |
Jun. 30 2023 | 1.34 | 1.34 | 1.70 | Beat | 27.2 |
Mar. 31 2023 | 1.47 | 1.49 | 1.91 | Beat | 27.9 |
Dec. 31 2022 | 1.34 | 1.32 | 1.78 | Beat | 34.7 |
This summary was machine generated February 12 at 13:35 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)