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Enbridge (ENB): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Enbridge Inc. (NYSE: ENB) reported Q4 2019 GAAP earnings of CAD746 million, or CAD0.37 per share, compared to CAD1.08 billion, or CAD0.60 per share last year.

— Adjusted earnings was CAD1.2 billion, or CAD0.61 per share, compared to CAD1.1 billion, or CAD0.65 per share, last year.  

— Distributable cash flow was CAD2 billion.

— FY2020 EBITDA is expected to be approx. CAD13.7 billion.

— FY2020 DCF is expected to be $4.50-4.80 per share.

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