07:42 AM EDT, 05/10/2024 (MT Newswires) -- Enbridge ( ENB ) reported Q1 adjusted earnings Friday of CA$0.92 ($0.67) per share, up from CA$0.85 a year earlier.

Analysts polled by Capital IQ expected CA$0.81.

The Canadian pipeline company said distributable cash flow for the quarter ended March 31 was CA$3.46 billion, compared with CA$3.18 billion a year earlier.

Enbridge ( ENB ) said it was reaffirming its 2024 full-year financial guidance for 3% growth in distributable cash flow.

The company's shares were up 1.1% in Friday premarket activity.

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