Category: Uncategorized

TC Energy Corporation (TRP) on Friday reported fourth-quarter net income of $714 million.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 67 cents. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 75 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The energy infrastructure company posted revenue of $2.56 billion in the period.

For the year, the company reported profit of $3.43 billion, or $3.23 per share. Revenue was reported as $10.05 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRP at https://www.zacks.com/ap/TRP

Enbridge Inc. (ENB) on Friday reported fourth-quarter profit of $352.4 million.

The Calgary, Alberta-based company said it had profit of 16 cents per share. Earnings, adjusted for non-recurring costs, came to 53 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The oil and natural gas transportation and power transmission company posted revenue of $11.59 billion in the period.

For the year, the company reported profit of $3.61 billion, or $1.67 per share. Revenue was reported as $38.22 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENB at https://www.zacks.com/ap/ENB

Sun Life Financial Inc. (SLF) on Wednesday reported fourth-quarter profit of $169.4 million.

On a per-share basis, the Toronto-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring costs, came to $1.20 per share.

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The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.

The financial services company posted revenue of $5.37 billion in the period.

For the year, the company reported profit of $2.28 billion, or $3.84 per share. Revenue was reported as $24.2 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SLF at https://www.zacks.com/ap/SLF

Waste Connections Inc. (WCN) on Wednesday reported a loss of $196 million in its fourth quarter.

The Ontario, Ontario-based company said it had a loss of 76 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.16 per share.

The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

The solid waste services provider posted revenue of $2.26 billion in the period, exceeding Street forecasts. Nine analysts surveyed by Zacks expected $2.24 billion.

For the year, the company reported profit of $617.6 million, or $2.39 per share. Revenue was reported as $8.92 billion.

Waste Connections expects full-year revenue in the range of $9.45 billion to $9.6 billion.

Intact Financial Corporation reports Q4-2024 results

Click above Link For Details

• The CPI accelerated a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 3%, both higher than expected. The core CPI ran at 0.4% and 3.3% respectively, also above forecast.
• Shelter costs continued to be a problem for inflation, rising 0.4% on the month. Food prices jumped 0.4% and energy prices climbed 1.1% as gasoline prices increased 1.8%.
• Markets largely expect the Fed to stay on hold for an extended time and pushed the next rate cut probability out to September following the CPI report.

https://www.cnbc.com/2025/02/12/cpi-january-2025.html

 Barrick Gold Corp. (GOLD) on Wednesday reported fourth-quarter earnings of $996 million.

The Toronto-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring gains, came to 46 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

The gold and copper mining company posted revenue of $3.65 billion in the period.

For the year, the company reported profit of $2.14 billion, or $1.22 per share. Revenue was reported as $12.92 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOLD at https://www.zacks.com/ap/GOLD

Restaurant Brands International Inc. (“RBI”) (NYSE: QSR) (TSX: QSR) (TSX: QSP) today reported financial results for the full year and fourth quarter ended December 31, 2024. Josh Kobza, Chief Executive Officer of RBI commented, “I am proud of our performance this year, reflecting the strong foundations we’re building across our businesses and the dedication of our teams and franchisees who are executing the fundamentals of quality, service, and convenience with excellence. As we look ahead, we remain focused on thoughtful marketing, operational improvements, and modern image to enhance the guest experience, drive franchisee profitability, and deliver long-term growth for our brands and shareholders.” 

https://www.newswire.ca/news-releases/restaurant-brands-international-inc-reports-full-year-and-fourth-quarter-2024-results-802289940.html

Shopify Inc. (SHOP) on Tuesday reported fourth-quarter earnings of $1.29 billion.

The Ottawa, Ontario-based company said it had net income of 99 cents per share. Earnings, adjusted for non-recurring gains, came to 44 cents per share.

The results met Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share.

The cloud-based commerce company posted revenue of $2.81 billion in the period, topping Street forecasts. Sixteen analysts surveyed by Zacks expected $2.72 billion.

For the year, the company reported profit of $2.02 billion, or $1.55 per share. Revenue was reported as $8.88 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHOP at https://www.zacks.com/ap/SHOP