TC Energy Corporation (TRP) announced a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $1.069 billion, or $1.03 per share. This compares with $1.249 billion, or $1.20 per share, last year.
Excluding items, TC Energy Corporation reported adjusted earnings of $1.094 billion or $1.05 per share for the period.
Analysts on average had expected the company to earn $0.99 per share. Analysts' estimates typically exclude special items.
TC Energy Corporation earnings at a glance (GAAP) :
-Earnings: $1.069 Bln. vs. $1.249 Bln. last year.
-EPS: $1.03 vs. $1.20 last year.
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