TransCanada (TRP) Tops Q3 EPS by 16c

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Go back to TransCanada (TRP) Tops Q3 EPS by 16c

TransCanada Reports Solid Third Quarter 2017 Financial Results; Diversified, Low-Risk Business Strategy Continues to Drive Performance

November 9, 2017 7:32 AM EST

CALGARY, ALBERTA -- (Marketwired) -- 11/09/17 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada or the Company) today announced net income attributable to common shares for third quarter 2017 of $612 million or $0.70 per share compared to a net loss of $135 million or $0.17 per share for the same period in 2016. Comparable earnings for third quarter 2017 were $614 million or $0.70 per share compared to $622 million or $0.78 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 December 31, 2017, equivalent to $2.50... More