Investing.com - Calgary based energy infrastructure company, TC Energy (TSX:TRP) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of C$1.06 on revenue of C$3.55B. Analysts polled by Investing.com anticipated EPS of C$1.05 on revenue of C$3.29B. .
TC Energy shares gained 0.72% to trade at C$67.11 in intra-day trade following the report.
For the year, TC Energy shares are up 14.07%, outperforming the S&P/TSX which is up 1.05% year to date.
TC Energy follows other major Energy sector earnings this month
On Friday, Enbridge Pref A reported fourth quarter EPS of C$0.91 on revenue of C$12.52B, compared to forecasts of EPS of C$0.76 on revenue of C$11,281M.
Cenovus Energy Inc earnings matched analyst's expectations on Tuesday, February 8, 2022, with fourth quarter EPS of C$-0.21 on revenue of C$16.37B. Investing.com analysts expected EPS of C$-0.21 on revenue of C$13.41B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar