TC Energy reports $978M first-quarter profit as revenues increase

TC Energy reports $978M first-quarter profit as revenues increase

CALGARY — TC Energy Corp. says its profits edged lower in its latest quarter as revenues increased compared with a year ago.

TC Energy Q1 2025: Cash Flow Craters 33%, Income Relatively Flat

TC Energy (TSX: TRP) posted its first quarter results for 2025, with comparable earnings from continuing operations falling to $983 million or $0.95 per share, down from $1.06 billion or $1.02 per share in Q1 2024—missing consensus estimates of $0.97. Net income was essentially flat year-over-year at $978 million, compared to $988 million. Comparable EBITDA ticked up just 1.5% to $2.71 billion, compared to $2.67 billion a year earlier. But this …

TC Energy Reports $978M First-quarter Profit As Revenues Increase - Canadian Manufacturing

TC Energy Corp. says its profits edged lower in its latest quarter as revenues increased compared with a year ago. The pipeline company reported $978 million in net income attributable to its common shares for its first quarter, down from $988 million a year earlier. It said its profit amounted to 94 cents per share for the quarter ended March 31 compared with a profit of 95 cents per share in the first three months of 2024. The company said its…