TransCanada Reports Fourth Quarter and Year-End 2016 Financial Results

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TransCanada (TRP) Tops Q4 EPS by 20c

February 16, 2017 7:34 AM EST

TransCanada (NYSE: TRP) reported Q4 EPS of $0.75, $0.20 better than the analyst estimate of $0.55.

"Excluding specific items, we generated record financial results in 2016," said Russ Girling, TransCanada's president and chief executive officer. "Comparable earnings per share increased 12 per cent when compared to 2015 while net cash provided by operations exceeded $5 billion for... More