TransCanada (TRP) Tops Q4 EPS by 20c

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TransCanada Reports Fourth Quarter and Year-End 2016 Financial Results

February 16, 2017 7:32 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 02/16/17 -- News Release - TransCanada Corporation (TSX: TRP)(NYSE: TRP) (TransCanada) today announced a net loss attributable to common shares for fourth quarter 2016 of $358 million or $0.43 per share compared to a net loss of $2.5 billion or $3.47 per share for the same period in 2015. For the year ended December 31, 2016, net income attributable to common shares was $124 million or $0.16 per share compared to a net loss of $1.2 billion or $1.75 per share in 2015. Comparable earnings for fourth quarter 2016 were $626 million or $0.75 per share compared to... More