Q3 EPS Estimates for TC Energy Cut by US Capital Advisors

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Stock analysts at US Capital Advisors dropped their Q3 2026 earnings per share estimates for shares of TC Energy in a research note issued on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.87 per share for the quarter, down from their previous estimate of $0.89. US Capital Advisors has a “Moderate Buy” rating on the stock. The consensus estimate for TC Energy’s current full-year earnings is $3.55 per share. US Capital Advisors also issued estimates for TC Energy’s Q4 2026 earnings at $1.01 EPS, FY2026 earnings at $3.81 EPS and Q1 2027 earnings at $1.06 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last issued its earnings results on Thursday, July 30th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$3.96 billion for the quarter. TC Energy had a return on equity of 13.07% and a net margin of 22.46%.

TRP has been the topic of a number of other reports. ATB Cormark Capital Markets upped their price target on TC Energy from C$98.00 to C$100.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. TD raised TC Energy from a “hold” rating to a “buy” rating and set a C$102.00 price objective on the stock in a research report on Tuesday, September 15th. Jefferies Financial Group upgraded TC Energy from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$100.00 to C$102.00 in a report on Tuesday, September 1st. Scotiabank set a C$105.00 price objective on TC Energy and gave the stock a “sector outperform” rating in a report on Tuesday, September 22nd. Finally, Royal Bank Of Canada raised TC Energy to a “moderate buy” rating in a research report on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$96.29.

TC Energy Stock Up 0.1%

TC Energy stock opened at C$88.32 on Thursday. The firm has a market cap of C$92.01 billion, a price-to-earnings ratio of 26.44, a PEG ratio of 1.69 and a beta of 0.74. The stock has a fifty day simple moving average of C$85.79 and a two-hundred day simple moving average of C$88.25. TC Energy has a 12 month low of C$69.41 and a 12 month high of C$100.18. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 229.63.

Key Stories Impacting TC Energy

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: Scotiabank raised its FY2027 EPS forecast to C$4.00 from C$3.98, maintained a “Sector Outperform” rating, and set a C$105 price target. The revision supports the view that TC Energy’s regulated pipeline infrastructure can generate steady earnings growth.
• Neutral Sentiment: Recent coverage examined TC Energy’s latest gas pipeline infrastructure and natural gas pipeline system developments. The headlines point to continued strategic focus on pipeline capacity and infrastructure, but the supplied reports do not provide specific financial details or a quantified earnings impact. What Does TC Energy’s Latest Gas Pipeline Infrastructure Signal? What Does TC Energy’s Latest Natural Gas Pipeline System Signal?
• Negative Sentiment: US Capital Advisors lowered its forecasts across 2027 and 2028: Q3 2027 EPS was cut to $0.82 from $0.84, Q4 2027 to $0.97 from $1.00, FY2027 to $3.69 from $3.73, and FY2028 to $3.82 from $3.90. These downward revisions may weigh on the stock because they imply slightly softer future earnings, although the firm retained a “Moderate Buy” rating.

About TC Energy

We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets-powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America.