TC Energy reports strong second quarter financial results

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Go back to TC Energy reports strong second quarter financial results

TC Energy Corp. (TRP) Tops Q2 EPS by 33c

August 1, 2019 7:32 AM EDT

TC Energy Corp. (NYSE: TRP) reported Q2 EPS of $1.00, $0.33 better than the analyst estimate of $0.67.

Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted)

Second quarter 2019 financial results Net income attributable to common shares of $1.1 billion or $1.21 per common share Comparable earnings of $924 million or $1.00 per common share Comparable earnings before interest, taxes, depreciation and amortization of $2.3 billion Net cash provided by operations of $1.7 billion Comparable funds generated from operations of $1.7 billion Comparable distributable cash flow of $1.5 billion or $1.64 per common shareDeclared a quarterly dividend of $0.75 per common share for the... More