US Capital Advisors Cuts Earnings Estimates for TC Energy

Key Points

• US Capital Advisors lowered TC Energy’s Q3 2027 EPS estimate to $0.82 from $0.84 while maintaining a “Moderate Buy” rating. The firm projects FY2027 EPS of $3.69 and FY2028 EPS of $3.82.
• Analyst sentiment remains generally positive: TC Energy has an average “Moderate Buy” rating and a consensus price target of C$96.29, with several firms recently upgrading the stock or raising price targets.
• TC Energy shares rose 0.8% to open at C$88.27, compared with a 52-week range of C$69.41 to C$100.18. The company most recently reported C$0.94 EPS and C$3.96 billion in quarterly revenue.

TC Energy Co. (TSE:TRP - Free Report) NYSE: TRP - Equities researchers at US Capital Advisors cut their Q3 2027 earnings estimates for shares of TC Energy in a research note issued to investors on Tuesday, October 27th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.82 for the quarter, down from their prior estimate of $0.84. US Capital Advisors currently 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 2027 earnings at $0.97 EPS, FY2027 earnings at $3.69 EPS and FY2028 earnings at $3.82 EPS.

A number of other equities analysts also recently issued reports on TRP. National Bank Financial upped their price target on TC Energy from C$102.00 to C$103.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. TD Securities raised TC Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, September 14th. The Goldman Sachs Group raised shares of TC Energy from a "hold" rating to a "buy" rating and set a C$71.00 price target on the stock in a research note on Wednesday, September 30th. TD upgraded shares of TC Energy from a "hold" rating to a "buy" rating and set a C$102.00 price objective for the company in a report on Tuesday, September 15th. Finally, Scotiabank set a C$105.00 price objective on shares of TC Energy and gave the company a "sector outperform" rating in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$96.29.

TC Energy Trading Up 0.8%

TSE:TRP opened at C$88.27 on Wednesday. TC Energy has a 52 week low of C$69.41 and a 52 week high of C$100.18. The firm has a 50 day moving average of C$85.81 and a 200 day moving average of C$88.18. The company has a quick ratio of 0.40, a current ratio of 0.61 and a debt-to-equity ratio of 229.63. The stock has a market capitalization of C$91.96 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.69 and a beta of 0.74.

TC Energy (TSE:TRP - Get Free Report) NYSE: TRP last issued its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 earnings per share (EPS) for the quarter. The firm had revenue of C$3.96 billion for the quarter. TC Energy had a net margin of 22.46% and a return on equity of 13.07%.

TC Energy Company Profile

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.

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