Investors Heavily Search Enbridge Inc (ENB): Here is What You Need to Know

Core Viewpoint - Enbridge's stock has underperformed compared to the S&P 500 and its industry, raising questions about its near-term performance and future earnings projections [1] Earnings Estimates - Enbridge is expected to report earnings of $0.47 per share for the current quarter, reflecting a year-over-year decline of 7.8% [2] - The consensus earnings estimate for the current fiscal year is $2.11, indicating a year-over-year increase of 1.9%, with a recent change of -0.4% [12] - For the next fiscal year, the consensus earnings estimate is $2.21, showing a change of 4.9% from the previous year, with a recent adjustment of -0.5% [18] Revenue Projections - The consensus sales estimate for the current quarter is $6.19 billion, representing a year-over-year decrease of 20.3% [4] - Revenue for the last reported quarter was $8.19 billion, down 8.3% year-over-year [5] - The revenue estimates for the current and next fiscal years are $25.89 billion and $26.41 billion, indicating changes of -20.1% and +2%, respectively [4] Stock Valuation - Enbridge has a Zacks Rank of 3 (Hold), suggesting it may perform in line with the broader market in the near term [3][9] - The Zacks Value Style Score for Enbridge is graded C, indicating it is trading at par with its peers [8] Performance History - Over the last four quarters, Enbridge surpassed consensus EPS estimates two times and topped revenue estimates once [21]