Enbridge Inc to Post FY2019 Earnings of $2.67 Per Share, Jefferies Financial Group Forecasts (TSE:ENB) – Slater Sentinel
Jefferies Financial Group also issued estimates for Enbridge’s Q4 2019 earnings at $0.63 EPS, FY2020 earnings at $2.59 EPS, FY2021 earnings at $2.75 EPS, FY2022 earnings at $2.92 EPS, FY2023 earnings at $3.00 EPS and FY2024 earnings at $3.06 EPS. The company reported C$0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.53 by C$0.03. National Bank Financial lifted their price target on Enbridge from C$59.00 to C$62.00 and gave the company an “outperform” rating in a report on Wednesday, January 29th. In other Enbridge news, Senior Officer Cynthia Lynn Hansen sold 18,008 shares of Enbridge stock in a transaction that occurred on Monday, December 16th.