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Enbridge Inc <ENB.TO> expected to post earnings of 75 cents a share - Earnings Preview

ReutersFeb 12, 2025 1:35 PM
  • 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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