Enbridge inc q2 adjusted earnings per share c$0.56

Enbridge reports strong second quarter.q2 adjusted earnings per share c$0.56.q2 gaap earnings per share c$0.82.q2 earnings per share estimate c$0.55 -- refinitiv ibes data.qtrly distributable cash flow (dcf) was $2,437 million, compared with $2,310 million in 2019.reaffirmed fy 2020 distributable cash flow per share of c$4.50 to c$4.80.continues to expect favourable u.s. dollar exchange rate for 2020 which will benefit unhedged cash flows, low interest rates.mainline throughput for quarter reflects slightly faster pace of recovery in demand for refined products, higher refinery utilizations.anticipates continued but gradual recovery in demand for balance of 2020, consistent with throughput guidance.continues to expect mainline volumes will be under utilized by 200-400 kbpd in q3 & 100-300 kbpd in q4.at this time, cannot determine when all necessary permits to commence construction will be issued for line 3.has not provided an update to in-service date for line 3.construction & commissioning of line 5 tunnel & pipeline expected to be completed in late 2024.exited q2 with over $14 billion of liquidity, having completed its 2020 funding plan.all financial figures are in canadian dollars.
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