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Enbridge: Q3 Earnings Snapshot

By AP News
Published

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Enbridge Inc. (ENB) on Friday reported third-quarter net income of $462.9 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs, came to 46 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The oil and natural gas transportation and power transmission company posted revenue of $7.34 billion in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENB at https://www.zacks.com/ap/ENB

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