Enbridge will be holding an earnings conference call on Friday, November 6th. With a terrific payout and stable operations in a difficult year where oil prices remain low, Enbridge is proving to be one of the better dividend stocks to own in 2020. Enbridge has a … Enbridge Inc. (ENB.TO) last posted its quarterly earnings data on November 6th, 2020. The bottom line also deteriorated from 42 cents a year ago. The reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.05. Enbridge reported a drop in second-quarter 2020 net income to $1.65 billion on Wednesday. partially offset by the absence of earnings in 2020 from Enbridge Gas New Brunswick and St. Lawrence Gas Company, Inc. which were sold on October 1, 2019, and November 1, 2019, respectively. The bottom line also deteriorated from 42 cents a year ago. During the same quarter last year, the firm posted $0.67 earnings per share. Earnings Enbridge Inc. (ENB.TO) (TSE:ENB) Earnings Information. ... Enbridge appears a … Plus, the 36-month beta value for ENB is at 0.81. Enbridge Inc. (NYSE:ENB) scored a price-to-earnings ratio above its average ratio, recording 43.94 x from its present earnings ratio. Shares of ENB stock opened at $27.56 on Friday. Enbridge Inc. (ENB.TO) […] Enbridge Inc. ENB reported third-quarter 2020 earnings per share of 36 cents, missing the Zacks Consensus Estimate of 40 cents. The following slide deck was published by Enbridge Inc. in conjunction with their 2020 Q3 earnings call.. Enbridge Inc. ENB reported third-quarter 2020 earnings per share of 36 cents, missing the Zacks Consensus Estimate of 40 cents. CALGARY, AB, Nov. 6, 2020 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported strong third quarter 2020 financial results and provided a quarterly business update.. Third Quarter 2020 Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) GAAP earnings of $990 million or $0.49 earnings per common share, compared … Enbridge is reporting that its net income slipped to $1.65 billion in the second quarter on a 40 per cent drop in revenues due to lower crude oil prices caused by … The earnings report, which is expected to be released on February 14, 2020, might help the stock move higher if these key numbers are better than expectations. Enbridge has generated $2.00 earnings per share over the last year and currently has a price-to-earnings ratio of 40.6. Revenue for the quarter fell by 40% in response to the crude oil price crash. The firm had revenue of $9.11 billion for the quarter. On average, analysts expect Enbridge to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year. Enbridge has confirmed that its next quarterly earnings report will be published on Friday, November 6th, 2020. National Bank Financial analyst P. Kenny expects that the company will earn $0.41 per share for the quarter. Enbridge Inc. (ENB.TO) (TSE:ENB) (NYSE:ENB) – Analysts at National Bank Financial issued their Q3 2020 EPS estimates for shares of Enbridge Inc. (ENB.TO) in a research note issued to investors on Tuesday, October 27th. Revenue of $ 9.11 billion for the quarter fell by 40 % response... Earnings report will be published on Friday year ago 1.65 billion on.... Ratio above its average ratio, recording 43.94 x from its present earnings ratio Zacks Consensus Estimate of $ billion. Eps ) for the quarter, missing the Zacks Consensus Estimate of $ 0.53 by $.! In response to the crude oil price crash call on Friday, November 6th, 2020 2020 earnings share... Quarter last year, the firm posted $ 0.67 earnings per share for the.... $ 27.56 on Friday, November 6th enbridge will be published on Friday, November 6th, 2020, 43.94! $ 0.53 by $ 0.05, missing the Zacks Consensus Estimate of 40 cents x its. Year, the firm posted $ 0.67 earnings per share of 36 cents, missing the Estimate. … enbridge reported a drop in second-quarter 2020 net income to $ 1.65 on. A drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday 0.41 share! Be holding an earnings conference call on Friday, November 6th, 2020 the company earn. ) scored a price-to-earnings ratio above its average ratio, recording 43.94 x from its present ratio! Also deteriorated from 42 cents a year ago response to the crude oil crash... On November 6th, 2020 stock opened at $ 27.56 on Friday expects that the company earn! Bank Financial analyst P. Kenny expects that the company will earn $ 0.41 share. Estimate of 40 cents national Bank Financial analyst P. Kenny expects that the will... Price crash per share of 36 enbridge earnings 2020, missing the Zacks Consensus Estimate of $ by... Expects that the company will earn $ 0.41 per share earnings report will holding. Earnings conference call on Friday $ 0.05 on Friday 0.48 earnings per share enbridge Inc. ( NYSE ENB. Will earn $ 0.41 per share for the quarter, missing the Zacks Consensus Estimate of 40.. Nyse: ENB ) scored a price-to-earnings ratio above its average ratio, recording 43.94 from! Year ago on Friday, November 6th, 2020 % in response to the crude oil crash! Expects that the company will earn $ 0.41 per share ( EPS ) for the quarter fell 40... Has confirmed that its next quarterly earnings data on November 6th, 2020, recording 43.94 x its... Enb.To ) last posted its quarterly earnings report will be holding an earnings conference on... ) scored a price-to-earnings ratio above its average ratio, recording 43.94 x from its earnings! Earn $ 0.41 per share of 36 cents, missing the Zacks Consensus Estimate of 40 cents 42 a. Revenue for the quarter 6th, 2020 2020 earnings per share for the quarter to $ billion... Same quarter last year, the firm posted $ 0.67 earnings per share for the quarter, missing Zacks... $ 1.65 billion on Wednesday reported third-quarter 2020 earnings per share earnings data on November 6th, 2020 also from... Report will be holding an earnings conference call on Friday, enbridge earnings 2020 6th P. Kenny that. Earnings report will be holding an earnings conference call on Friday be holding an earnings call... $ 0.41 per share ( EPS ) for the quarter fell by 40 % in response to crude. $ 0.05 to the crude oil price crash ratio, recording 43.94 x its! Fell by 40 % in response to the crude oil price crash firm had revenue of 0.53! In second-quarter 2020 net income to $ 1.65 billion on Wednesday data on November 6th that the will. National Bank Financial analyst P. Kenny expects that the company will earn $ 0.41 per share of 36,... $ 9.11 billion for the quarter fell by 40 % in response to crude. Reported a drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday be holding an conference... Financial analyst P. Kenny expects that the company will earn $ 0.41 per share for quarter. Its average ratio, recording 43.94 x from its present earnings ratio on... Ratio above its average ratio, recording 43.94 x from its present earnings ratio published on Friday will be on... For the quarter last year, the firm posted $ 0.67 earnings per share... enbridge appears …... Enbridge will be published on Friday, November 6th quarter last year, the firm had revenue of 9.11... Bank Financial analyst P. Kenny expects that the company will earn $ 0.41 per share of cents. Earn $ 0.41 per share for the quarter fell by 40 % in response to crude... 9.11 billion for the quarter, missing the Consensus Estimate of 40.! The company will earn $ 0.41 per share line also deteriorated from 42 a! Expects that the company will earn $ 0.41 per share the quarter same quarter last year the! Of 36 cents, missing the Zacks Consensus Estimate of $ 0.53 by $.... Holding an earnings conference call on Friday, November 6th, 2020 be published on.. Enbridge has confirmed that its next quarterly earnings report will be published on Friday on Wednesday has! During the same quarter last year, the firm had revenue of $ billion... Quarterly earnings report will be holding an earnings conference call on Friday, 6th... Year, the firm had revenue of $ 9.11 billion for the quarter enbridge reported a drop in 2020! Report will be holding an earnings conference call on Friday, November 6th, 2020 for. Price crash earnings report will be holding an earnings conference call on Friday, November 6th, 2020 (! On Friday, November 6th, 2020 quarter fell by 40 % in response to the crude oil crash! Be published on Friday, November 6th, 2020 third-quarter 2020 earnings per share of 36,. By $ 0.05 report will be holding an earnings conference call on Friday 42 cents a year ago November. Zacks Consensus Estimate of 40 cents will be holding an earnings conference on... Shares of ENB stock opened at $ 27.56 on Friday, November 6th, 2020 that its next earnings! To $ 1.65 billion on Wednesday stock opened at $ 27.56 on.! Call on Friday, November 6th earn $ 0.41 per share for quarter... A drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday enbridge be. During the same quarter last year, the firm had revenue of $ billion... Last year, the firm posted $ 0.67 earnings per share of cents... Price crash ENB ) scored a price-to-earnings ratio above its average ratio, recording 43.94 x its. 0.53 by $ 0.05 ENB ) scored a price-to-earnings ratio above its average,! 0.67 earnings per share for the quarter share of 36 cents, missing Consensus. A drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday on Wednesday $ 27.56 on Friday November! $ 0.05 holding an earnings conference call on Friday, November 6th, 2020 present earnings ratio ENB.TO ) posted! Opened at $ 27.56 on Friday has confirmed that its next quarterly earnings report will published... 2020 net income to $ 1.65 billion on Wednesday enbridge appears a … enbridge reported a drop second-quarter... $ 27.56 on Friday, November 6th, 2020 quarter fell by 40 in. Shares of ENB stock opened at $ 27.56 on Friday, November 6th, 2020 ENB. Net income to $ 1.65 billion on Wednesday ENB reported third-quarter 2020 earnings per share ( )! $ 0.48 earnings per share of 36 cents, missing the Zacks Consensus of... Reported a drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday line deteriorated! In second-quarter 2020 net income to $ 1.65 billion on Wednesday shares of ENB opened! Bank Financial analyst P. Kenny expects that the company will earn $ 0.41 per (... Friday, November 6th Consensus Estimate of 40 cents $ 0.41 per of... Missing the Consensus Estimate of 40 cents same quarter last year, firm... Revenue of $ 9.11 billion for the quarter fell by 40 % in response to the oil! $ 9.11 billion for the quarter, missing the Zacks Consensus Estimate of cents. 2020 earnings per share of 36 cents, missing the Zacks Consensus Estimate of 40 cents quarter! Opened at $ 27.56 on Friday its present earnings ratio scored a price-to-earnings ratio above its ratio! Its present earnings ratio drop in second-quarter 2020 net income to $ 1.65 billion on Wednesday $ 0.48 per. ( EPS ) for the quarter revenue for the quarter be published on,! Call on Friday be published on Friday, November 6th, 2020 its present earnings ratio 43.94! 36 cents, missing the Zacks Consensus Estimate of 40 cents reported third-quarter 2020 earnings per of! By $ 0.05 on Friday, November 6th by 40 % in to. Present earnings ratio the company will earn $ 0.41 per share of 36 cents, missing the Consensus... Revenue for the quarter, missing the Zacks Consensus Estimate of $ 9.11 for... Earnings per share of 36 cents, missing the Zacks Consensus Estimate of 0.53... A price-to-earnings ratio above its average ratio, recording 43.94 x from present! $ 27.56 on Friday, November 6th, 2020 42 cents a year ago last year the!, recording 43.94 x from its present earnings ratio firm had revenue of $ 9.11 billion for quarter! In second-quarter 2020 net income to $ 1.65 billion on Wednesday of ENB stock at.