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Enbridge shares fall as order backlog grows ahead of Q3 earnings release

Earnings Whispers · ·by G4L

ENB Enbridge Inc
$47.76 +0.76%
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  1. 1Enbridge shares have recorded a 12.3% decline since the previous quarter.
  2. 2Market expectations for Enbridge's Q3 revenue are cited at $10.32 billion.
  3. 3The secured order backlog increased to $41 billion from $35 billion a year ago.

So what's the key point?

Enbridge shares fell by about 12.3%, but the amount of work waiting to be done has increased. The company's situation is mixed ahead of the revenue figures experts are expecting.

Source Earnings Whispers · View original ↗

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