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

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Investment analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for TC Energy in a research report issued to clients and investors on Wednesday, February 5th. Zacks Research analyst T. Saha now anticipates that the company will earn $0.91 per share for the quarter, down from their prior estimate 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.

Other research analysts have also issued reports about the stock. Barclays raised their price target on shares of TC Energy from C$67.00 to C$74.00 in a research note on Wednesday, November 20th. TD Securities set a C$73.00 price objective on TC Energy and gave the company a "buy" rating in a report on Wednesday, January 15th. Jefferies Financial Group upped their target price on shares of TC Energy from C$65.00 to C$71.00 in a report on Thursday, January 30th. Morgan Joseph raised shares of TC Energy from an "underweight" rating to an "overweight" rating and raised their price target for the stock from C$62.00 to C$78.00 in a research note on Friday, October 25th. Finally, US Capital Advisors raised shares of TC Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$73.00.

TC Energy Price Performance

TSE:TRP traded down C$0.33 during trading hours on Thursday, reaching C$66.95. 3,336,841 shares of the company were exchanged, compared to its average volume of 4,788,917. The stock's 50-day moving average is C$67.07 and its 200-day moving average is C$64.39. TC Energy has a twelve month low of C$43.83 and a twelve month high of C$70.32. The firm has a market cap of C$69.63 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82. The company has a current ratio of 0.76, a quick ratio of 0.40 and a debt-to-equity ratio of 160.84.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last announced its earnings results on Thursday, November 7th. The company reported C$1.03 earnings per share (EPS) for the quarter, beating 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 analyst estimates of C$3.90 billion. TC Energy had a return on equity of 10.68% and a net margin of 21.38%.

Insider Activity

In other news, Director Lindsay Mackay sold 3,520 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$70.00, for a total transaction of C$246,400.00. Also, Senior Officer Stanley G. Chapman Iii sold 267,435 shares of TC Energy stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of C$66.51, for a total transaction of C$17,785,898.39. In the last three months, insiders have sold 408,029 shares of company stock valued at $27,379,414. Company 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.