Earnings Forecast Research on Enbridge Inc (ENB)

Enbridge Inc has received $0.42 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at -2.33%.

Enbridge Inc reported better than expected with a surprise EPS of 2.86% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.36 compared to the Estimated EPS of $0.35. Calgary based Enbridge Inc Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 17, 2017.

Enbridge Inc has a Price to Earnings ratio of 24.7 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.8. For the Most Recent Fiscal Year, Enbridge Inc has a price to cash ratio of 12.35. For the Trailing twelve month period, company showed a Net Profit Margin of 5.99% and Return on Equity of the stock is 14.67%.

In the last quarter, Enbridge Inc reported Annual Earnings of $0.36. Based on the filings, last years Annual Earnings was, $1.65. In the last Quarter, ENB reported a surprise Earnings per Share of 2.86% . The consensus estimate for current quarter is $0.42 and for the current fiscal year, the estimate is $1.73. For the Next fiscal year, the estimate is $1.94 based on the consensus.

Enbridge Inc (NYSE:ENB) : On Tuesday heightened volatility was witnessed in Enbridge Inc (NYSE:ENB) which led to swings in the share price. The stock opened for trading at $42.94 and hit $42.94 on the upside , eventually ending the session at $42.6, with a gain of 0.28% or 0.12 points. The heightened volatility saw the trading volume jump to 2,124,620 shares. The 52-week high of the share price is $45.77 and the company has a market cap of $39,988 million. The 52-week low of the share price is at $29.63 .

Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, in Canada and the United States, the worlds longest crude oil and liquids pipeline system. The Company also has international operations and a growing involvement in the natural gas transmission and midstream businesses. As a distributor of energy, Enbridge owns and operates Canadas largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State.


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