Enbridge, a leading energy company based in Calgary, Canada, has reported its financial results for the fourth quarter. Unfortunately, the company fell short of profit estimates, which has led to disappointment among investors.
According to Enbridge's financial statement released on Thursday, the company recorded adjusted earnings of $1.03 billion, or $0.51 per share, for the quarter ending December 31. While this represents a significant increase compared to the same period last year, the figure fell short of the $1.09 billion, or $0.56 per share, that analysts had predicted.