Enbridge Inc. Posts Strong Q1 Earnings Growth
Company Announcements

Enbridge Inc. Posts Strong Q1 Earnings Growth

Enbridge Inc (TSE:ENB) has released an update.

Enbridge Inc. reports robust financial performance in the first quarter of 2024, with an 8% increase in adjusted earnings per share and an 11% rise in adjusted EBITDA compared to the previous year. The company confirms it is on track with its 2024 financial guidance while progressing strategic initiatives, including major acquisitions and pipeline projects. Despite a slight dip in operating cash flow, distributable cash flow has grown, highlighting Enbridge’s financial resilience and strategic growth.

For further insights into TSE:ENB stock, check out TipRanks’ Stock Analysis page.

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