Enbridge (ENB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.63
- Estimate
- $0.60
- Surprise
- +5.6%
- Score today
- 4.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Enbridge (ENB) beat the $0.60 estimate with adjusted EPS of $0.63 — a clear 5.6% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ENB Sell at 4.9/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +5.6% surprise compares with a +3.4% four-quarter average. Next scheduled report: 2026-11-06.
What argues against it
- Target reached (-6.9% upside)
- Quality below floor (3.3 < 4.0)
- Negative risk/reward — downside exceeds upside
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $48.15
- Stop
- $46.57
The stock trades at 25.7× trailing but 21.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-24 — shown for context, not personalized investment advice.
ENB at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Midstream
- Market cap
- $107.32B
- P/E (fwd)
- 21.3
- P/E (ttm)
- 25.7
- 52-week range
- $45.03–$58.45
- Off 52-week high
- 17.6%
- RSI (14)
- 66
- Volume vs avg
- 0.66×
- Score today
- 4.9/10