RE:RE:RE:Enbridge EPS misses by C$0.04"Mostly" is how you say strong eanings in line with analysts estimates and increcased DCF allowing for safe dividend payment for the forseeable future. Don't forget to pick up that divy!
FreeAtFiddy wrote: I guess "mostly" is just another way of Enbridge saying "we missed earnings by a little bit and that's why the share price Friday dropped nearly 2 in the first hour of trading".
Quin wrote :"Uh Huh
"The company reported mostly in-line Q4 results with lower adjusted EBITDA of $3.201B compared to our estimate of $3,303B and consensus of $3.378B. Reported DCF/sh beat our estimates and consensus with $1.09/sh reported compared to our estimate of 1.08/sh and consensus of $1.07/sh. The company completes the year at the midpoint of its 2020 DCF/sh guidance range with DCF/sh $4.67/sh compared to the range of $4.50/sh to $4.80/sh. The company maintains a strong financial position with Debt to EBITDA of 4.6x and remains within the company’s targeted leverage range of 4.5x to 5.0x"