Enbridge Inc. Q4 profit decreases but beats estimates, showing mixed financial performance.
From Nasdaq: 2025-02-14 07:08:08
Enbridge Inc. reported a decrease in profit for the fourth quarter, with bottom line totaling C$493 million or C$0.23 per share, beating Street estimates. Adjusted earnings were C$1.640 billion or C$0.75 per share, surpassing analysts’ expectations of C$0.74 per share. The company’s GAAP earnings show a decrease from last year, with earnings of C$493 million compared to C$1.726 billion, and EPS of C$0.23 versus C$0.81. These results reflect Enbridge Inc.’s financial performance for the period.
Read more at Nasdaq: Enbridge Inc. Q4 Profit Decreases, But Beats Estimates