Enbridge Inc's Earnings Estimates and Zacks Rank Impact on Stock Performance

Enbridge (ENB) has been trending on Zacks.com, with shares returning -0.8% over the past month. The company is expected to post earnings of $0.57 per share for the current quarter, a +7.6% change from the year-ago quarter. The consensus earnings estimate for the current fiscal year is $2.09, indicating a +4.5% year-over-year change. The Zacks Rank of #3 (Hold) suggests a neutral price direction in the near term.