TransCanada (TRP) Tops Q1 EPS by 7c

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Go back to TransCanada (TRP) Tops Q1 EPS by 7c

TransCanada Reports First Quarter 2017 Financial Results; Strong Results Build Upon Transformational 2016

May 5, 2017 7:31 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/05/17 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced net income attributable to common shares for first quarter 2017 of $643 million or $0.74 per share compared to net income of $252 million or $0.36 per share for the same period in 2016. Comparable earnings for first quarter 2017 were $698 million or $0.81 per share compared to $494 million or $0.70 per share for the same period in 2016. TransCanada's Board of Directors also declared a quarterly dividend of $0.625 per common share for the quarter ending June 30, 2017, equivalent to $2.50 per common share on an annualized... More