Enbridge Inc. (NYSE:ENB) Quarterly Earnings Preview

• Enbridge Inc. (NYSE:ENB) is expected to report an EPS of $0.68, in line with the Zacks Consensus Estimate.
• Revenue is anticipated to reach $10.31 billion, marking a significant year-over-year increase.
• The company's valuation metrics include a P/E ratio of 25.47 and a debt-to-equity ratio of 1.54.

Enbridge Inc. (NYSE:ENB) stands as a prominent energy infrastructure entity in North America, with a focus on the transportation and distribution of crude oil and natural gas. It operates the world's longest crude oil and liquids transportation system, competing with major energy firms like TransCanada and Kinder Morgan.

Enbridge is poised to unveil its quarterly earnings on May 9, 2025. Analysts are projecting the earnings per share (EPS) to be $0.68, aligning with the Zacks Consensus Estimate. This forecast mirrors the EPS reported in the corresponding quarter of the previous year. Despite the steady earnings outlook, Enbridge's revenue is expected to hit $10.31 billion, a notable rise from the prior year's figures.

In the past month, four analysts have adjusted their estimates upwards, signaling confidence in Enbridge's forthcoming performance. Nonetheless, the consensus revenue estimate stands at $9.5 billion, indicating a 16.4% increase year-over-year, which is slightly below Wall Street's expectations. This variance underscores the significance of the actual earnings results in determining Enbridge's stock trajectory.

Historically, Enbridge has shown mixed results, surpassing consensus earnings estimates in two out of the past four quarters. Despite a considerable backlog of midstream growth projects, current models do not anticipate an earnings beat this quarter. The lack of a positive Earnings ESP and a favorable Zacks Rank diminishes the probability of outperforming expectations.

Regarding financial metrics, Enbridge's valuation is highlighted by a P/E ratio of 25.47, illustrating the premium investors are willing to pay for each dollar of earnings. The price-to-sales ratio stands at 2.62, with an enterprise value to sales ratio of 4.49. These figures offer a glimpse into the market's valuation of Enbridge's sales and overall worth. Additionally, a debt-to-equity ratio of 1.54 indicates a balanced approach to financing its assets, suggesting a stable financial footing.