Investing.com - TC Energy reported second quarter earnings that matched analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.92 on revenue of C$3.23B. Analysts polled by Investing.com forecast EPS of C$0.92 on revenue of C$3.26B. .
For the year, TC Energy shares are down 11.48%, under-performing the S&P/TSX which is down 4.5% year to date.
TC Energy follows other major Energy sector earnings this month
On Thursday, July 23, 2020, Teck Resources A reported second quarter EPS of C$0.17 on revenue of C$1.72B, compared to forecasts of EPS of C$-0.1 on revenue of C$1.73B.
Cenovus Energy Inc earnings beat analyst's expectations on Thursday, July 23, 2020, with second quarter EPS of C$-0.34 on revenue of C$2.2B. Investing.com analysts expected EPS of C$-0.55 on revenue of C$2.29B
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