TC Energy reports strong first quarter financial results

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TC Energy Corp. (TRP) Tops Q1 EPS by 51c

May 1, 2020 7:33 AM EDT

TC Energy Corp. (NYSE: TRP) reported Q1 EPS of $1.18, $0.51 better than the analyst estimate of $0.67.

First quarter 2020 financial results

Net income attributable to common shares of $1.15 billion or $1.22 per common shareComparable earnings of $1.1 billion or $1.18 per common shareComparable EBITDA of $2.5 billionNet cash provided by operations of $1.7 billionComparable funds generated from operations of $2.1 billion

We are living in unprecedented times with the COVID-19 pandemic having a significant impact on millions of people around the world, said Russ Girling, TC Energys President and Chief... More