Investing.com - TC Energy Corp (TSX:TRP) reported third quarter earnings that missed analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of C$0.99 on revenue of C$3.24B. Analysts polled by Investing.com anticipated EPS of C$0.9972 on revenue of C$3.15B. .
TC Energy shares lost 1.66% to trade at C$65.56 in intra-day trade following the report.
For the year, TC Energy shares are up 26.69%, outperforming the S&P/TSX which is up 22.92% year to date.
TC Energy follows other major Energy sector earnings this month
On Thursday, Canadian Natural reported third quarter EPS of C$1.77 on revenue of C$7.69B, compared to forecasts of EPS of C$1.6 on revenue of C$7.34B.
Cenovus Energy Inc earnings missed analyst's expectations on Wednesday, with third quarter EPS of C$0.27 on revenue of C$13.43B. Investing.com analysts expected EPS of C$0.4563 on revenue of C$11.82B
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