TransCanada (TRP) Misses Q4 EPS by 30c

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Go back to TransCanada (TRP) Misses Q4 EPS by 30c

TransCanada Reports Solid First Quarter 2016 Financial Results

April 29, 2016 7:31 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 04/29/16 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2016 of $252 million or $0.36 per share compared to $387 million or $0.55 per share for the same period in 2015. Comparable earnings for first quarter 2016 were $494 million or $0.70 per share compared to $465 million or $0.66 per share for the same period in 2015. TransCanada's Board of Directors also declared a quarterly dividend of $0.565 per common share for the quarter ending June 30, 2016, equivalent to $2.26 per common share on an annualized... More