Why Enbridge (ENB) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Enbridge (ENB) is a strong candidate for investors looking for a stock that has consistently beaten earnings estimates and is well-positioned for future earnings reports [1]. Group 1: Earnings Performance - Enbridge has a history of beating earnings estimates, with an average surprise of 3.90% over the last two quarters [2]. - In the most recent quarter, Enbridge reported earnings of $0.68 per share against an expectation of $0.72, resulting in a surprise of 5.88% [3]. - For the previous quarter, the consensus estimate was $0.52 per share, while the actual earnings were $0.53 per share, leading to a surprise of 1.92% [3]. Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Enbridge, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7]. - Enbridge currently has an Earnings ESP of +0.35%, suggesting analysts are optimistic about the company's earnings prospects [9]. Group 3: Zacks Rank and Future Outlook - The positive Earnings ESP combined with a Zacks Rank of 2 (Buy) indicates that another earnings beat is likely [9]. - The next earnings report for Enbridge is expected to be released on August 1, 2025 [9].