TransCanada posts profit of $183.7 million in 1st quarter

CALGARY – CALGARY, Alberta (AP) _ TransCanada Corp. (TRP) on Friday reported first-quarter net income of $183.7 million.

The Calgary, Alberta-based company said it had net income of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 51 cents per share.

The energy infrastructure company posted revenue of $1.86 billion in the period.

TransCanada shares have climbed 27 per cent since the beginning of the year. The stock has dropped 13 per cent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TRP at


Keywords: TransCanada, Earnings Report