TransCanada Reports Strong Second Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/17/2026
- S&P 500 and Nasdaq slip as chip rout extends; Netflix slides
- Netflix earnings forecast disappoints Wall Street, shares tumble
- HSBC upgrades Apple to Buy, sees "strong cycle ahead"
- Kimi K3 AI breakthrough: What Wall Street analysts say about China’s OpenAI threat
- Why the Fed may still need to hike rates
- Magnitude 7.4 earthquake strikes coast of Chiapas, Mexico; Tsunami waves are possible
- Magnitude 7.4 earthquake strikes Puerto Madero, Mexico, USGS says
- Nike out of World Cup contention as Adidas-outfitted teams head to final
- Personalis (PSNL) explores potential sale after interest from Merck and others - source
- Wall Street ends lower as chip weakness offsets solid earnings, economic data
TransCanada (TRP) Tops Q2 EPS by 19c, Revenues Beat
August 2, 2018 7:35 AM EDTTransCanada (NYSE: TRP) reported Q2 EPS of $0.86, $0.19 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $2.38 billion.
Highlights(All financial figures are unaudited and in Canadian dollars unless noted otherwise)
Second quarter 2018 financial resultsNet income attributable to common shares of $785 million or $0.88 per common shareComparable earnings of $768 million or $0.86 per common shareComparable earnings before interest, taxes, depreciation and amortization of $2.0 billionNet cash provided by operations of $1.8 billionComparable funds generated from operations of $1.5 billionComparable distributable cash flow of $1.3... More