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TC Energy: 2Q Earnings Snapshot

August 1, 2019

CALGARY, Alberta (AP) _ TC Energy Corporation (TRP) on Thursday reported second-quarter earnings of $841.1 million.

The Calgary, Alberta-based company said it had profit of 91 cents per share. Earnings, adjusted for non-recurring gains, came to 75 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 75 cents per share.

The energy infrastructure company posted revenue of $2.52 billion in the period.

TC Energy shares have risen 37% since the beginning of the year. The stock has risen nearly 9% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRP at https://www.zacks.com/ap/TRP

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