South Bow (SOBO) Q2 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.50

Estimate

$0.43

Surprise

+15.3%

Score at report (before → after)

4.4 → 4.5/10

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.

South Bow (SOBO) beat the $0.43 estimate with adjusted EPS of $0.50 — a large 15.3% upside surprise. TrendMatrix's engine moved from Sell (4.4/10) to Hold at 4.5/10 after the report.

TrendMatrix currently rates SOBO Sell at 5.6/10.

4 of the last 4 quarters beat the estimate; this quarter's +15.3% surprise compares with a +23.4% four-quarter average. Next scheduled report: 2026-11-04.

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.

Current price

$34.32

Price target

$38.24

Stop

$33.09

Upside to target

+11.4%

Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.

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

$7.17B

P/E (fwd)

17.6

P/E (ttm)

15.7

52-week range

$25.02–$39.02

Off 52-week high

12.0%

RSI (14)

21

Volume vs avg

1.00×

Score today

5.6/10