TransCanada reports $1B first-quarter profit, up from $734M a year ago

Source: The Canadian Press, May 3, 2019 

CALGARY — TransCanada Corp. topped expectations as it reported a profit of $1.00 billion in its latest quarter, up from $734 million a year ago, as its revenue edged higher.

The pipeline company says the profit amounted to $1.09 per share for the quarter ended March 31. That compared with a profit of 83 cents per share in the same quarter last year.

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Image Source: AP / Tony Gutierrez

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