Brokerages Expect Enbridge Inc (NYSE:ENB) to Announce $0.42 Earnings Per Share

published 04.10.2020 18:16

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Analysts expect that Enbridge Inc (NYSE:ENB) (TSE:ENB) will post $0.42 earnings per share (EPS) for the current quarter, Zacks reports.

On average, analysts expect that Enbridge will report full-year earnings of $2.00 per share for the current fiscal year, with EPS estimates ranging from $1.85 to $2.36.

The pipeline company reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.15.

Royal Bank of Canada cut their price objective on Enbridge from $61.00 to $58.00 and set an “outperform” rating for the company in a report on Thursday, July 30th.