Tc Pipelines (NYSE:TRP) (TSE:TRP) will be issuing its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $0.59 per share for the quarter.
Tc Pipelines (NYSE:TRP) (TSE:TRP) last issued its earnings results on Thursday, August 2nd. The pipeline company reported $0.86 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.28. The business had revenue of $2.48 billion for the quarter. Tc Pipelines had a return on equity of 12.90% and a net margin of 23.37%. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 earnings per share. On average, analysts expect Tc Pipelines to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
TRP stock opened at $37.85 on Wednesday. The company has a market cap of $34.75 billion, a PE ratio of 15.90, a PEG ratio of 1.78 and a beta of 0.55. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.48 and a current ratio of 0.52. Tc Pipelines has a one year low of $37.24 and a one year high of $51.07.
Tc Pipelines Company Profile
TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation and individual facilities, interconnecting pipelines, and other businesses.
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