Enbridge Inc. Reports Strong Third Quarter 2018 Results and Significant Progress on Strategic Priorities
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Enbridge (ENB) Tops Q3 EPS by 11c
November 2, 2018 7:05 AM EDTEnbridge (NYSE: ENB) reported Q3 EPS of $0.55, $0.11 better than the analyst estimate of $0.44.
"It was another very productive quarter, both from a financial and strategic perspective," commented Al Monaco, President and Chief Executive Officer of Enbridge.
"The strong financial results in the third quarter underscores the quality and predictability of our business model. The 13% year over year increase in distributable cash flow reflects a growing contribution from each of our core businesses driven by strong operating performance, optimization of throughput on existing assets, synergy realization from the Spectra acquisition and the... More
