Enbridge's Earnings Outlook

Enbridge ENB is gearing up to announce its quarterly earnings on Friday, 2024-11-01. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Enbridge will report an earnings per share (EPS) of $0.44.

Investors in Enbridge are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.04, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Enbridge's past performance and the resulting price change:

Stock Performance

Shares of Enbridge were trading at $40.59 as of October 30. Over the last 52-week period, shares are up 20.1%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Enbridge visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.