Enbridge Reports Strong Second Quarter
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Enbridge (ENB) Tops Q2 EPS by 1c
July 29, 2020 7:10 AM EDTEnbridge (NYSE: ENB) reported Q2 EPS of $0.56, $0.01 better than the analyst estimate of $0.55.
Second Quarter 2020 Highlights(all financial figures are unaudited and in Canadian dollars unless otherwise noted)
GAAP earnings of $1,647 million or $0.82 earnings per common share, compared with GAAP earnings of $1,736 million or $0.86 per common share in 2019Adjusted earnings were $1,133 million or $0.56 per common share, compared with $1,349 million or $0.67 per common share in 2019Adjusted earnings before interest, income tax and depreciation and amortization (EBITDA) were $3,312 million, compared with $3,208 million in 2019Cash Provided by Operating Activities was $2,416 million, compared with $2,494... More