Enbridge: Q1 Earnings Insights - Enbridge (NYSE:ENB)

Enbridge ENB reported its Q1 earnings results on Friday, May 5, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Enbridge beat estimated earnings by 1.45%, reporting an EPS of $0.629 versus an estimate of $0.62.

Revenue was down $3.02 billion from the same period last year.

Last quarter the company missed on EPS by $0.07 which was followed by a 3.26% increase in the share price the next day.

Here's a look at Enbridge's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.54	0.47	0.54	0.66
EPS Actual	0.47	0.51	0.53	0.66
Revenue Estimate	10.34B	9.47B	9.56B	10.60B
Revenue Actual	9.99B	8.87B	10.36B	11.95B

To track all earnings releases for Enbridge visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.