Enbridge Inc <ENB.TO> expected to post earnings of 96 cents a share - Earnings Preview
Enbridge Inc ENB.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025
The Calgary Alberta-based company is expected to report a 28.9% increase in revenue to C$14.225 billion from C$11.04 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (ales/Revenue Majority Basis is on Total Operating Revenue)
LSEG's mean analyst estimate for Enbridge Inc is for earnings of 96 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 1.6% in the last three months.
Wall Street's median 12-month price target for Enbridge Inc is C$65.00, above its last closing price of C$63.57.
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 1.50 | 1.46 | 1.68 | Beat | 14.9 |
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 |
This summary was machine generated May 7 at 12:58 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)
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