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TransCanada’s and Enbridge’s Earnings Growth Trend

TransCanada’s and Enbridge’s Earnings Growth Trend

TransCanada’s (TRP) quarterly adjusted EBIT (earnings before interest and taxes) grew at an average rate of 16% YoY (year-over-year) over the last seven quarters. The YoY growth rate was 29% in the third quarter. As we discussed in the previous part, the U.S. Natural Gas Pipelines and Liquids Pipelines segments contributed to TransCanada’s third-quarter earnings growth.