TC Energy Corp TRP.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 13.5% decrease in revenue to C$3.664 billion from C$4.24 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for TC Energy Corp is for earnings of C$1.00 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and 2 "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 TC Energy Corp is C$73.50, above its last closing price of C$67.53.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
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. 31 2023 | 1.09 | 1.11 | 1.35 | Beat | 21.5 |
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 |
Dec. 31 2022 | 1.10 | 1.10 | 1.11 | Beat | 0.7 |
This summary was machine generated February 12 at 13:34 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)