• TC Energy Corp TRP.TO reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of C$1.35. The mean expectation of ten analysts for the quarter was for earnings of C$1.00 per share. Wall Street expected results to range from 93 cents to C$1.15 per share.

• Revenue fell 67.9% to C$1.36 billion from a year ago; analysts expected C$3.56 billion.

• TC Energy Corp's reported EPS for the quarter was 94 cents​.

• The company reported quarterly net income of C$971 million.

• TC Energy Corp shares had risen by 1.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% 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$72.00

This summary was machine generated from LSEG data February 14 at 02:30 p.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)