Fiscal Year Earnings Estimate on TransCanada Corporation(TRP)

TransCanada Corporation(TRP): For the most recent quarter end, TransCanada Corporation reported Annual Earnings of $0.56. Based on the filings, last years Annual Earnings was, $2.1. For the most recent quarter end, TRP reported a surprise Earnings per Share of -11.11% . and for the current fiscal year, the estimate is $2.2. For the Next fiscal year, the estimate is $2.25 based on the consensus.

TransCanada Corporation results fell short with a surprise EPS of -11.11% or $-0.07. The Actual EPS was $0.56 compared to the Estimated EPS of $0.63 during its most recent quarterly earnings.

TransCanada Corporation has a Price to Earnings ratio of 22.94 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.33. For the Most Recent Fiscal Year, TransCanada Corporation has a price to cash ratio of 13. For the Trailing twelve month period, company showed a Net Profit Margin of 1.48% and Return on Equity of the stock is 11.59%.

TransCanada Corporation last declared its Dividend on Dec 28, 2016.

TransCanada Corporation (USA) Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.71. The company had revenue of $3619.00 million for the quarter, compared to analysts expectations of $3479.78 million. The companys revenue was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.

TransCanada Corporation (NYSE:TRP) witnessed a decline in the market cap on Wednesday as its shares dropped 0.06% or 0.03 points. After the session commenced at $47.1, the stock reached the higher end at $47.595 while it hit a low of $47.06. With the volume soaring to 1,162,709 shares, the last trade was called at $47.22. The company has a 52-week high of $49.765. The company has a market cap of $40,787 million and there are 863,759,080 shares in outstanding. The 52-week low of the share price is $35.06.

TransCanada is a North American energy company. They are focused on natural gas transmission and power services. Their pipeline transports the majority of Western Canadas natural gas production to growing markets in Canada and the United States.


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