• TC Energy Corp TRP.TO reported quarterly adjusted earnings of C$1.03​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of C$1.00. The mean expectation of nine analysts for the quarter was for earnings of 98 cents per share. Wall Street expected results to range from 89 cents to $1.07 per share.

• Revenue rose 3.6% to $4.08 billion from a year ago; analysts expected C$3.98 billion.

• TC Energy Corp's reported EPS for the quarter was $1.40​.

• The company reported quarterly net income of C$1.46 billion.

• TC Energy Corp shares had risen by 11.6% this quarter and gained 35.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the oil & gas transportation services peer group is also "hold"

Wall Street's median 12-month price target for TC Energy Corp is C$66.00

This summary was machine generated from LSEG data November 8 at 05:29 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)