TC Energy: Q1 Earnings Snapshot

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — TC Energy Corporation (TRP) on Friday reported first-quarter earnings of $909.4 million.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 86 cents. Earnings, adjusted for non-recurring costs, were 92 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The energy infrastructure company posted revenue of $3.15 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $3.12 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRP at https://www.zacks.com/ap/TRP

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