TC Energy Reports Q3 Earnings Beat and Raises Long-Term EBITDA Outlook
TC Energy (TRP) reported third-quarter financial results that exceeded analyst expectations, posting a Non-GAAP earnings per share of C$0.94, which beat estimates by C$0.06. The company's revenue for the quarter reached C$4.03 billion, surpassing projections by C$80 million. Building on this performance, TC Energy raised its financial guidance, increasing its FY2026 comparable EBITDA outlook to a range of C$11.8 billion to C$12.0 billion. Looking further ahead, the company expects 2027 comparable EBITDA to reach between C$12.3 billion and C$12.5 billion, targeting a five-year comparable EBITDA compound annual growth rate (CAGR) of 5% to 7% through 2031.
Tickers: $TRP
Topics: earnings report EBITDA guidance financial outlook revenue beat
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