Q2 EPS Estimates for TC Energy Raised by US Capital Advisors

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Equities researchers at US Capital Advisors increased their Q2 2026 earnings per share estimates for shares of TC Energy in a research report issued on Wednesday, July 29th. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings per share of $0.85 for the quarter, up from their prior estimate of $0.74. 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 Q3 2026 earnings at $0.85 EPS, Q4 2026 earnings at $1.02 EPS and Q1 2027 earnings at $1.07 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last released its quarterly earnings data on Thursday, July 30th. The company reported C$0.94 earnings per share (EPS) for the quarter. The business had revenue of C$3.96 billion for the quarter. TC Energy had a return on equity of 12.53% and a net margin of 21.83%.

Several other equities research analysts have also issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of TC Energy from C$92.00 to C$95.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Morgan Stanley cut shares of TC Energy from an “overweight” rating to an “equal weight” rating and set a C$103.00 target price on the stock. in a research note on Wednesday, June 10th. TD set a C$98.00 price target on shares of TC Energy and gave the stock a “hold” rating in a research report on Thursday, June 25th. The Goldman Sachs Group raised TC Energy from a “sell” rating to a “hold” rating and set a C$62.00 price objective on the stock in a report on Sunday, April 19th. Finally, Barclays upped their price objective on TC Energy from C$92.00 to C$100.00 in a research note on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$91.64.

TC Energy Stock Up 0.7%

Shares of TRP stock opened at C$95.31 on Friday. TC Energy has a one year low of C$64.91 and a one year high of C$100.18. The company has a debt-to-equity ratio of 224.52, a current ratio of 0.65 and a quick ratio of 0.40. The stock has a fifty day moving average price of C$96.19 and a 200 day moving average price of C$89.13. The stock has a market cap of C$99.29 billion, a P/E ratio of 29.88, a price-to-earnings-growth ratio of 1.69 and a beta of 0.69.

Insider Transactions at TC Energy

In other TC Energy news, Director Trevor Ebl sold 5,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of C$93.45, for a total transaction of C$467,250.00. Also, insider Yvonne Frame-Zawalykut sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of C$98.39, for a total transaction of C$147,585.00. 0.03% of the stock is owned by insiders.

Key Stories Impacting TC Energy

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

• Positive Sentiment: TC Energy reported second-quarter EPS of C$0.94 and revenue of approximately C$3.96 billion, with comparable earnings and revenue rising year over year. The earnings performance exceeded expectations and supports investor confidence in the company’s operating results. TC Energy Q2 Comparable Earnings, Revenue Rise
• Positive Sentiment: The company approved approximately $500 million in pipeline expansion projects. The investments could expand transportation capacity and strengthen TC Energy’s long-term growth and cash-flow outlook. TC Energy posts Q2 earnings beat, approves $500M in pipeline expansion projects
• Positive Sentiment: US Capital Advisors raised its EPS forecasts across 2026 through 2028, including estimates of $3.71 for FY2026, $3.89 for FY2027 and $3.99 for FY2028. The upgrades indicate improving expectations for future earnings and are above the current full-year consensus estimate of $3.55.
• Neutral Sentiment: The quarter’s reported net margin was 21.83% and return on equity was 12.53%, providing additional context on profitability. However, the expansion program will require significant capital spending, so investors may continue monitoring project execution, financing needs and returns.

About TC Energy

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.