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TC Energy's Q1 Comparable Earnings, Revenue Increase
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TC Energy's Q1 Comparable Earnings, Revenue Increase
May 3, 2024 4:29 AM

07:01 AM EDT, 05/03/2024 (MT Newswires) -- TC Energy ( TRP ) reported Q1 comparable earnings Friday of CA$1.24 ($0.91) per diluted share, up from CA$1.21 a year earlier.

Analysts polled by Capital IQ expected CA$1.15.

Revenue for the quarter ended March 31 was CA$4.24 billion, compared with CA$3.93 billion a year ago.

Three analysts surveyed by Capital IQ expected CA$4.19 billion.

The company expects full-year 2024 capital expenditures of CA$8 billion to CA$8.5 billion.

The company's board of directors also maintained a quarterly dividend of CA$0.96 per common share, payable on July 31 to shareholders of record on June 28.

Price: 36.90, Change: +0.49, Percent Change: +1.35

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