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EnCana Corp.

11:43 AM EST - EnCana Corp. : reported that its first-quarter net earnings were $1.477 billion U.S., up from $962 million U.S. in the same quarter last year. On a per share basis, net income was $1.97 U.S., up from $1.28 U.S. in the year-ago quarter. Operating earnings for the latest quarter were $418 million U.S. Operating earnings per share for the latest quarter were $0.56 U.S. Analysts polled by Thomson Reuters expected the company to report earnings of $0.33 U.S. per share for the quarter. Analysts' estimates typically exclude special items. EnCana Corp. shares T.ECA are trading down $0.28 at $31.49.