US Capital Advisors Lowers Earnings Estimates for TC Energy

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities research analysts at US Capital Advisors dropped their Q1 2026 earnings per share (EPS) estimates for shares of TC Energy in a research report issued on Monday, February 2nd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.97 for the quarter, down from their prior estimate of $0.99. 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 Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.81 EPS and FY2027 earnings at $3.51 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last released its quarterly earnings results on Thursday, November 6th. The company reported C$0.77 earnings per share for the quarter. The firm had revenue of C$3.70 billion during the quarter. TC Energy had a return on equity of 17.25% and a net margin of 32.39%.

TRP has been the topic of several other reports. National Bankshares lifted their price target on shares of TC Energy from C$76.00 to C$85.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Raymond James Financial raised their price objective on TC Energy from C$70.00 to C$72.00 in a report on Monday, November 10th. TD Securities dropped their target price on TC Energy from C$81.00 to C$80.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Barclays increased their price target on TC Energy from C$75.00 to C$80.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Finally, BMO Capital Markets raised TC Energy from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$73.00 to C$83.00 in a research report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TC Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of C$80.60.

TC Energy Stock Performance

Shares of TRP stock opened at C$81.02 on Thursday. TC Energy has a 12 month low of C$62.17 and a 12 month high of C$81.80. The company’s fifty day simple moving average is C$76.12 and its 200-day simple moving average is C$73.28. The firm has a market cap of C$84.34 billion, a PE ratio of 24.78, a P/E/G ratio of 1.69 and a beta of 0.86. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62.

TC Energy News Summary

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: US Capital Advisors raised its FY2027 EPS forecast to $3.51 from $3.40, signaling better longer‑term earnings expectations. MarketBeat TRP
• Positive Sentiment: US Capital Advisors nudged up its Q4 2026 EPS estimate to $0.95 (from $0.94), a small near‑term upside revision. MarketBeat TRP
• Positive Sentiment: Jefferies raised its price target to C$80.00 (from C$74.00), a sign that at least one large shop sees higher fair value despite it sitting close to the current share price. BayStreet.CA
• Neutral Sentiment: The market consensus for full‑year EPS remains around C$3.55, implying analysts broadly still expect mid‑single‑digit growth overall. MarketBeat TRP
• Negative Sentiment: US Capital Advisors trimmed near‑term quarter forecasts: Q1 2026 to $0.97 (from $0.99), Q2 2026 to $0.75 (from $0.77) and Q3 2026 to $0.81 (from $0.82) — modest downgrades that could pressure guidance sensitivity and near‑term sentiment. MarketBeat TRP
• Negative Sentiment: US Capital Advisors cut FY2025 and FY2026 EPS forecasts (FY2025 to $3.34 from $3.42; FY2026 to $3.47 from $3.51) and lowered Q4 2025 to $0.80 (from $0.88), pointing to some near‑to‑mid‑term weakness in modeled earnings. MarketBeat TRP

About TC Energy

TC Energy Corp operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the United States, and Mexico. Its pipeline network consists of over 92,600 kilometers (57,500 miles) of natural gas pipeline, along with 4,900 kilometers (3,000) miles) from the Keystone Pipeline system. The company also owns or has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.