Investing.com - TC Energy reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of C$1.16 on revenue of C$3.55B. Analysts polled by Investing.com anticipated EPS of C$1.1 on revenue of C$3.51B. .
TC Energy shares lost 0.13% to trade at C$61.71 in intra-day trade following the report.
For the year, TC Energy shares are up 12%, outperforming the STOXX 600 which is up 11.45% year to date.
TC Energy follows other major Energy sector earnings this month
On Thursday, Canadian Natural reported first quarter EPS of C$1.03 on revenue of C$6.61B, compared to forecasts of EPS of C$0.8645 on revenue of C$5.06B.
Pembina Pipeline earnings missed analyst's expectations on Thursday, with first quarter EPS of C$0.51 on revenue of C$2.05B. Investing.com analysts expected EPS of C$0.5735 on revenue of C$1.7B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar