Enbridge Inc T.ENB

ENB - Discussed on BNN Market Call - Greg Newman

[newcoin]

https://www.bnnbloomberg.ca/market-call/greg-newman-discusses-enbridge~2492339

[FiddyFiddyOddzz]

"Enbridge has had a nice run, i don't think it is going to do the heavy lifting for your portfolio" Newcoin wrote:"https://www.bnnbloomberg.ca/market-call/greg-newman-discusses-enbridge~2492339"

[FiddyFiddyOddzz]

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[Quintessential1]

Yeah it wasn't exactly a glowing reccomendation by old Greg but if you have a peek at the his past picks in the same segment you will notice his calls kind of stink and even his old man thinks so. Maybe old Greg could have reccomended a good bank stock, they all pay less than ENB and are tanking pretty hard right now share price wise but what the hay...roll the dice as the fidster would say.&

[FiddyFiddyOddzz]

Earnings miss *WUH WUH WUH* -  so much for "knocking it out of the park". Place your bets, spin the wheel.... Quin wrote:"Yeah it wasn't exactly a glowing reccomendation by old Greg but if you have a peek at the his past picks in the same segment you will notice his calls kind of stink and even his old man thinks so. Maybe old Greg could have reccomended a good bank

[Quintessential1]

Q2/22 First Look: Modest Beat And An LNG Investment Hmmm....doesn't sound like a miss but thats just my broker. A modest beat sounds like out of the park these days.  Ask any shopify stockholder. Go Enbridge! ;-)

[FiddyFiddyOddzz]

When earnings fail to meet expectations, it's called a "MISS" : UPDATE 1-Canada's Enbridge partners with Pacific Energy on Woodfibre LNG, from 5 hours ago by Thomson Reuters 5 hours ago by Thomson Reuters Companies Mentioned: ENB   Enbridge Reports Q2 Normalized EPS Miss of $0.67, Separately Details Partnership With

[Quintessential1]

And when it is a beat they call it a beat. EQUITY RESEARCH July 29, 2022 Flash Research ENBRIDGE INC. Q2/22 First Look: Modest Beat And An LNG Investment Modest EBITDA Beat And Guidance Maintained: The company reported strong Q2 results as adjusted EBITDA of $3.715B was better than our estimate of $3.644B and consensus of $3.691B. Reported DCF/share of $1.36 also beat our estimate of $1.28 and

[FiddyFiddyOddzz]

They're talking EBITDA and DCF being better than they expected, this doesn't change the fact earnings were a miss. Conviently they forgot to mention that fact.... Quin wrote:"EQUITY RESEARCH July 29, 2022 Flash Research ENBRIDGE INC. Q2/22 First Look: Modest Beat And An LNG Investment Modest EBITDA Beat And Guidance Maintained: The company reported strong Q2 results as adjusted

[Quintessential1]

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. EBITDA measures the company's overall financial performance. It is often used as an alternative to other metrics, including earnings, revenue, and income.May 4, 2022 https://windes.com/the-importance-of-the-ebitda-calculation-in-business-valuation/ Enbridge's, "overall financial performance"

[FiddyFiddyOddzz]

Correct - But, it's just a shame ENB missed on earnings :( Quin wrote:"EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. EBITDA measures the company's overall financial performance. It is often used as an alternative to other metrics, including earnings, revenue, and income.May 4, 2022 https://windes.com/the-importance-of-the-ebitda-calculation

[Quintessential1]

Why?  Green close and still running that share price up.   If that was a miss it was the best shareprice performance by a stock that missed earnings ever. Perhaps earnings is the entire report and a miss or beat is based on more than one criteria. Go Enbridge! ;-)

[FiddyFiddyOddzz]

I suppose it was just another example of Enbridge doing the opposite of what it should on news.  Bad news ( today's earnings miss ), she squeaks out a green close.  Good news on multiple positive line 3 announcements over the past few years, and she goes down faster than a 20 dollar crack wh0re.. I'll never figure this stock out, EVER - Place your bets, spin the wheel. 

[Quintessential1]

We;; tecjnically even EPS wasn't a miss.  At $. 67 adjusted EPS it was just above the low analyst's target of $.66   The market is not going to sink a great stock like ENB for that. Go Enbridge! ;-)