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TC Energy Corp. (TRP) Tops Q1 EPS by 21c, reaffrims outlook

May 1, 2025 6:36 AM

TC Energy Corp. (NYSE: TRP) reported Q1 EPS of Cdn$0.95, Cdn$0.21 better than the analyst estimate of Cdn$0.74. Revenue for the quarter came in at Cdn$1.97 billion versus the consensus estimate of Cdn$2.55 billion.

Reaffirming 2025 outlook:

Comparable EBITDA is expected to be $10.7 to $10.9 billion4
Comparable earnings per common share (EPS) outlook remains consistent with our 2024 Annual Report, and is expected to be lower than 2024
Capital expenditures are anticipated to be $6.1 to $6.6 billion on a gross basis, or $5.5 to $6.0 billion of net capital expenditures5

Declared a quarterly dividend of $0.85 per common share for the quarter ending June 30, 2025.

For earnings history and earnings-related data on TC Energy Corp. (TRP) click here.

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Earnings