TC Energy Corporation (NYSE:TRP) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Previous Quarter Performance
TC Energy Corporation unwinded income for the second quarter of $ 0.98 per share, from the revenue of $ 2,228.00 million. The consensus estimates are income of $ 0.67 per share from $ 2380.00 million in revenue. The bottom line results beat street analysts by $ 0.31 or 46.27 percent, at the same time, top line results fell short of analysts by $ 152 million or 6.39 percent.
Stock Performance
Shares of TC Energy Corporation traded low $ -1.51 or -3.62 percent on Wednesday, reaching $ 40.15 with volume of 2.09 million shares. TC Energy Corporation has traded high as $ 41.11 and has cracked $ 40.12 on the downward trend
According to the previous trading day, closing price of $ 40.15, representing a 28.70 % increase from the 52 week low of $ 32.37 and a 28.07 % decrease over the 52 week high of $ 57.92.
The company has a market capital of $ 38.01 billion and is part of the Energy sector and Oil & Gas Midstream industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.81 per share on July 30, 2020. The dividend were payable on October 30, 2020 to holders of record as of the close of business on September 30, 2020 and ex-dividend date on September 29, 2020.
Conference Call
TC Energy Corporation will be hosting a conference call at 9:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tcenergy.com
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments.
