Investing.com - TC Energy (TSX:TRP) reported first quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of C$1.12 on revenue of C$3.54B. Analysts polled by Investing.com forecast EPS of C$1.11 on revenue of C$3.34B. .
TC Energy shares lost 3.38% to trade at C$69.25 in intra-day trade following the report.
For the year, TC Energy shares are up 17.71%, outperforming the S&P/TSX which is down 1.13% year to date.
TC Energy follows other major Energy sector earnings this month
On Wednesday, Cenovus Energy Inc reported first quarter EPS of C$0.79 on revenue of C$16.2B, compared to forecasts of EPS of C$0.6044 on revenue of C$17.33B.
PrairieSky Royalty earnings missed analyst's expectations on Monday, April 18, 2022, with first quarter EPS of C$0.27 on revenue of C$139.9M. Investing.com analysts expected EPS of C$0.2887 on revenue of C$62.00M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar