TC Energy Earnings Estimate

TRP Stock  USD 47.12  0.52  1.12%   
The next projected EPS of TC Energy is estimated to be 1.0285 with future projections ranging from a low of 0.92 to a high of 1.1124. TC Energy's most recent 12-month trailing earnings per share (EPS TTM) is at 2.82. Please be aware that the consensus of earnings estimates for TC Energy Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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TC Energy is projected to generate 1.0285 in earnings per share on the 31st of March 2025. TC Energy earnings estimates show analyst consensus about projected TC Energy Corp EPS (Earning Per Share). It derives the highest and the lowest estimates based on TC Energy's historical volatility. Many public companies, such as TC Energy, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing TC Energy's earnings estimates, investors can diagnose different trends across TC Energy's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, TC Energy's Pretax Profit Margin is relatively stable compared to the past year. As of 03/17/2025, Net Profit Margin is likely to grow to 0.36, while Gross Profit is likely to drop slightly above 6 B.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

TC Energy Earnings Estimation Breakdown

The calculation of TC Energy's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of TC Energy is estimated to be 1.0285 with the future projection ranging from a low of 0.92 to a high of 1.1124. Please be aware that this consensus of annual earnings estimates for TC Energy Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.05
0.92
Lowest
Expected EPS
1.0285
1.11
Highest

TC Energy Earnings Projection Consensus

Suppose the current estimates of TC Energy's value are higher than the current market price of the TC Energy stock. In this case, investors may conclude that TC Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and TC Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
2394.45%
1.05
1.0285
2.82

TC Energy Earnings History

Earnings estimate consensus by TC Energy Corp analysts from Wall Street is used by the market to judge TC Energy's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only TC Energy's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

TC Energy Quarterly Gross Profit

775 Million

At this time, TC Energy's Earnings Yield is relatively stable compared to the past year. As of 03/17/2025, Price Earnings To Growth Ratio is likely to grow to 0.44, though Retained Earnings are likely to grow to (5 B). As of 03/17/2025, Common Stock Shares Outstanding is likely to drop to about 581.3 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 700.3 M.
Hype
Prediction
LowEstimatedHigh
45.8747.1348.39
Details
Intrinsic
Valuation
LowRealHigh
44.0845.3451.83
Details
Naive
Forecast
LowNextHigh
46.9548.2249.48
Details
22 Analysts
Consensus
LowTargetHigh
40.1344.1048.95
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of TRP assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards TC Energy. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving TC Energy's stock price in the short term.

TC Energy Earnings per Share Projection vs Actual

Actual Earning per Share of TC Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering TC Energy Corp predict the company's earnings will be in the future. The higher the earnings per share of TC Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

TC Energy Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as TC Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of TC Energy should always be considered in relation to other companies to make a more educated investment decision.

TRP Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact TC Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-02-14
2024-12-310.99171.050.0583
2024-11-07
2024-09-300.70.740.04
2024-08-01
2024-06-300.910.940.03
2024-05-03
2024-03-311.131.240.11
2024-02-16
2023-12-311.121.350.2320 
2023-11-08
2023-09-300.971.00.03
2023-07-27
2023-06-300.970.96-0.01
2023-04-28
2023-03-311.131.210.08
2023-02-14
2022-12-311.091.110.02
2022-11-09
2022-09-300.991.070.08
2022-07-28
2022-06-300.991.00.01
2022-04-29
2022-03-311.131.12-0.01
2022-02-15
2021-12-311.071.06-0.01
2021-11-05
2021-09-300.990.990.0
2021-07-29
2021-06-300.981.070.09
2021-05-07
2021-03-311.091.160.07
2021-02-18
2020-12-3111.150.1515 
2020-10-29
2020-09-300.950.950.0
2020-07-30
2020-06-300.910.920.01
2020-05-01
2020-03-311.061.180.1211 
2020-02-13
2019-12-311.031.030.0
2019-11-01
2019-09-300.981.040.06
2019-08-01
2019-06-300.981.00.02
2019-05-03
2019-03-310.981.070.09
2019-02-14
2018-12-311.011.030.02
2018-11-01
2018-09-300.81.00.225 
2018-08-02
2018-06-300.790.860.07
2018-04-27
2018-03-310.860.980.1213 
2018-02-15
2017-12-310.790.820.03
2017-11-09
2017-09-300.70.70.0
2017-07-28
2017-06-300.680.760.0811 
2017-05-05
2017-03-310.740.810.07
2017-02-16
2016-12-310.720.750.03
2016-11-01
2016-09-300.660.780.1218 
2016-07-28
2016-06-300.510.520.01
2016-04-29
2016-03-310.660.70.04
2016-02-11
2015-12-310.610.640.03
2015-11-03
2015-09-300.60.620.02
2015-07-31
2015-06-300.50.560.0612 
2015-05-01
2015-03-310.640.660.02
2015-02-13
2014-12-310.620.720.116 
2014-11-04
2014-09-300.630.630.0
2014-07-31
2014-06-300.510.47-0.04
2014-05-02
2014-03-310.590.60.01
2014-02-20
2013-12-310.590.58-0.01
2013-11-05
2013-09-300.580.630.05
2013-07-26
2013-06-300.520.51-0.01
2013-04-26
2013-03-310.530.52-0.01
2013-02-12
2012-12-310.510.45-0.0611 
2012-10-30
2012-09-300.520.5-0.02
2012-07-27
2012-06-300.470.43-0.04
2012-04-27
2012-03-310.530.52-0.01
2012-02-14
2011-12-310.540.52-0.02
2011-11-01
2011-09-300.570.590.02
2011-07-28
2011-06-300.520.51-0.01
2011-04-29
2011-03-310.630.62-0.01
2011-02-15
2010-12-310.540.540.0
2010-11-03
2010-09-300.510.520.01
2010-07-29
2010-06-300.440.39-0.0511 
2010-04-30
2010-03-310.490.46-0.03
2010-02-23
2009-12-310.510.45-0.0611 
2009-11-04
2009-09-300.450.450.0
2009-07-30
2009-06-300.40.440.0410 
2009-05-01
2009-03-310.480.44-0.04
2009-02-03
2008-12-310.480.38-0.120 
2008-10-28
2008-09-300.50.610.1122 
2008-07-31
2008-06-300.540.560.02
2008-04-25
2008-03-310.550.60.05
2008-01-29
2007-12-310.540.580.04
2007-10-30
2007-09-300.520.550.03
2007-07-27
2007-06-300.480.44-0.04
2007-04-27
2007-03-310.430.42-0.01
2007-01-30
2006-12-310.430.460.03
2006-10-31
2006-09-300.410.450.04
2006-07-27
2006-06-300.410.36-0.0512 
2006-04-28
2006-03-310.410.34-0.0717 
2006-01-31
2005-12-310.440.41-0.03
2005-11-01
2005-09-300.380.40.02
2005-07-29
2005-06-300.360.3-0.0616 
2005-04-29
2005-03-310.330.330.0
2005-02-01
2004-12-310.320.31-0.01
2004-11-04
2004-09-300.420.28-0.1433 
2004-07-23
2004-06-300.40.40.0
2004-04-23
2004-03-310.420.440.02
2004-01-27
2003-12-310.40.40.0
2003-10-28
2003-09-300.40.39-0.01
2003-07-25
2003-06-300.380.380.0
2003-04-25
2003-03-310.390.430.0410 
2003-01-28
2002-12-310.380.37-0.01
2002-10-29
2002-09-300.380.37-0.01
2002-07-26
2002-06-300.380.420.0410 
2002-04-26
2002-03-310.370.390.02
2002-01-29
2001-12-310.350.350.0
2001-10-30
2001-09-300.350.34-0.01
2001-07-27
2001-06-300.330.350.02
2001-04-27
2001-03-310.350.350.0
2001-01-30
2000-12-310.30.340.0413 
2000-10-31
2000-09-300.320.320.0
2000-07-28
2000-06-300.260.280.02
2000-04-28
2000-03-310.260.280.02
2000-02-01
1999-12-310.280.24-0.0414 
1999-10-26
1999-09-300.340.28-0.0617 
1999-07-29
1999-06-300.340.430.0926 
1999-04-30
1999-03-310.320.320.0
1999-02-05
1998-12-310.310.310.0
1998-11-02
1998-09-300.340.3-0.0411 
1998-08-06
1998-06-300.440.41-0.03
1998-04-24
1998-03-310.480.46-0.02
1998-01-23
1997-12-310.480.45-0.03
1997-10-22
1997-09-300.490.46-0.03
1997-07-22
1997-06-300.480.46-0.02
1997-04-23
1997-03-310.480.480.0
1997-01-24
1996-12-310.460.480.02
1996-10-28
1996-09-300.440.460.02
1996-07-19
1996-06-300.440.460.02
1996-04-23
1996-03-310.450.450.0
1996-01-19
1995-12-310.460.44-0.02
1995-10-24
1995-09-300.430.440.01
1995-07-20
1995-06-300.430.440.01

About TC Energy Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of TC Energy earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current TC Energy estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as TC Energy fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-5.2 B-5 B
Earnings Yield 0.07  0.07 
Price Earnings Ratio 14.80  14.16 
Price Earnings To Growth Ratio 0.24  0.44 

Pair Trading with TC Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against TRP Stock

  0.31GLOP-PA GasLog Partners LPPairCorr
The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.
The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for TRP Stock Analysis

When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.