What is Zacks Research’s Forecast for TC Energy Q1 Earnings?

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of TC Energy in a report released on Wednesday, February 5th. Zacks Research analyst T. Saha now expects that the company will earn $0.91 per share for the quarter, down from their previous forecast of $0.92. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. Zacks Research also issued estimates for TC Energy’s Q3 2025 earnings at $0.75 EPS, FY2025 earnings at $3.42 EPS, Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.85 EPS and FY2026 earnings at $3.69 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.97 by C$0.06. The firm had revenue of C$4.08 billion for the quarter, compared to analysts’ expectations of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.

TRP has been the topic of several other research reports. JPMorgan Chase & Co. upped their price objective on shares of TC Energy from C$70.00 to C$79.00 in a report on Monday, November 18th. BMO Capital Markets upped their price target on TC Energy from C$70.00 to C$73.00 in a research note on Friday, November 29th. Jefferies Financial Group raised their price objective on TC Energy from C$65.00 to C$71.00 in a research note on Thursday, January 30th. Raymond James upgraded TC Energy to a “hold” rating in a report on Thursday, November 21st. Finally, Barclays increased their target price on TC Energy from C$67.00 to C$74.00 in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, TC Energy currently has an average rating of “Moderate Buy” and an average target price of C$73.00.

TC Energy Stock Up 0.8 %

TC Energy stock opened at C$67.40 on Thursday. The company has a market capitalization of C$70.10 billion, a PE ratio of 20.36, a PEG ratio of 1.69 and a beta of 0.82. TC Energy has a 12-month low of C$43.83 and a 12-month high of C$70.32. The firm’s fifty day moving average is C$67.13 and its 200 day moving average is C$64.18. The company has a quick ratio of 0.40, a current ratio of 0.76 and a debt-to-equity ratio of 160.84.

Insider Activity at TC Energy

In other news, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$66.51, for a total transaction of C$17,785,898.39. Also, Director Alexander (Alex) Oehler bought 6,540 shares of the stock in a transaction dated Monday, December 30th. The shares were acquired at an average price of C$66.05 per share, for a total transaction of C$431,947.64. Insiders have sold 420,911 shares of company stock valued at $28,259,105 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.