Analysts Offer Predictions for TC Energy Q1 Earnings

TC Energy Co. (TSE:TRP) (NYSE:TRP) – Research analysts at US Capital Advisors increased their Q1 2026 earnings per share (EPS) estimates for shares of TC Energy in a research report issued to clients and investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.98 per share for the quarter, up from their prior estimate of $0.97. 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 $0.79 EPS, Q3 2026 earnings at $0.84 EPS, FY2026 earnings at $3.58 EPS and FY2028 earnings at $3.77 EPS.

TC Energy (TSE:TRP) (NYSE:TRP) last announced its quarterly earnings results on Friday, February 13th. The company reported C$0.98 earnings per share (EPS) for the quarter. TC Energy had a return on equity of 12.80% and a net margin of 23.23%.The business had revenue of C$4.17 billion during the quarter.

Other research analysts have also recently issued reports about the stock. Canadian Imperial Bank of Commerce cut shares of TC Energy from an “outperform” rating to a “hold” rating and increased their price target for the company from C$81.00 to C$85.00 in a report on Tuesday, February 17th. Raymond James Financial raised their price objective on TC Energy from C$71.00 to C$74.00 and gave the stock a “hold” rating in a research note on Tuesday, February 17th. National Bank Financial boosted their price target on TC Energy from C$85.00 to C$86.00 and gave the company a “hold” rating in a research note on Tuesday, February 17th. ATB Cormark Capital Markets increased their price objective on shares of TC Energy from C$73.00 to C$80.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada increased their price target on shares of TC Energy from C$84.00 to C$92.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of C$84.00.

TC Energy Price Performance

TSE:TRP opened at C$88.24 on Wednesday. The company has a market cap of C$91.84 billion, a P/E ratio of 26.98, a P/E/G ratio of 1.69 and a beta of 0.83. The firm’s fifty day moving average price is C$83.34 and its two-hundred day moving average price is C$77.44. TC Energy has a one year low of C$62.17 and a one year high of C$89.68. The company has a debt-to-equity ratio of 223.25, a current ratio of 0.63 and a quick ratio of 0.40.

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.