Enbridge (ENB) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
ENBEnbridge(ENB) Zacks Investment Research·2024-05-14 00:10

Enbridge Inc. (ENB) reported first-quarter 2024 adjusted earnings per share (EPS) of 68 cents, which beat the Zacks Consensus Estimate of 59 cents. The bottom line also increased from the year-ago quarter’s 63 cents. Total quarterly revenues of 8.2billiondecreasedfrom8.2 billion decreased from 8.9 billion in the prior-year quarter. The top line also missed the Zacks Consensus Estimate of $8.9 billion. The strong quarterly earnings resulted from increased contributions across all segments. Segmental Analysis Enbridge conducts bu ...