Enbridge Inc. (NYSE:ENB) Quarterly Earnings Previe…
From Financial Modeling Prep: 2025-02-13 08:00:06
Enbridge Inc. (NYSE:ENB) is set to announce an EPS of $0.52 and revenue of $7.7 billion for the upcoming quarter. With a 6% forward dividend yield, the company is appealing to income-seeking investors. However, revenues are expected to be lower for the quarter ending December 2024, despite anticipated earnings growth.
Enbridge, a prominent energy infrastructure company, will release its quarterly earnings on February 14, 2025. Analysts predict an EPS of $0.52 and revenue of approximately $7.7 billion. The company’s strong buy rating is supported by market conditions and growth projects, along with a 6% forward dividend yield.
While Enbridge is expected to see a year-over-year increase in earnings, revenues are projected to decrease for the quarter ending December 2024. Investors are eager to see if the company will surpass these expectations, potentially driving the stock price higher. A negative outcome, however, could lead to a decline in stock value.
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