TC Energy reports strong third quarter financial results

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Go back to TC Energy reports strong third quarter financial results

TC Energy Corp. (TRP) Tops Q3 EPS by 37c

November 1, 2019 7:35 AM EDT

TC Energy Corp. (NYSE: TRP) reported Q3 EPS of $1.04, $0.37 better than the analyst estimate of $0.67.

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

Third quarter 2019 financial results

Net income attributable to common shares of $739 million or $0.79 per common shareComparable earnings of $970 million or $1.04 per common shareComparable earnings before interest, taxes, depreciation and amortization of $2.3 billionNet cash provided by operations of $1.6 billionComparable funds generated from operations of $1.8 billionComparable distributable cash flow of $1.7 billion or $1.78 per common shareDeclared a quarterly... More