Emera reports Q3 adjusted EPS 88c, consensus 61c

Published 7 hours ago Positive
Emera reports Q3 adjusted EPS 88c, consensus 61c
“Emera’s (EMA) momentum continues with another strong quarter of adjusted EPS1 growth, principally driven by continued strong operational performance at Tampa Electric. We also saw significant progress on the regulatory front with the completion of the Peoples Gas rate case,” said Scott Balfour, President and CEO of Emera Inc. “We are extending our 7-8% rate base growth through 2030, supported by a $20 billion capital plan that focuses on enhancing customer reliability. This includes investments in grid modernization, gas infrastructure and technology updates that will support ongoing growth, with a specific focus on Florida.”

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Emera price target raised to C$69 from C$63 at JPMorgan Emera price target raised to C$71 from C$68 at CIBC Emera price target raised to C$72 from C$70 at Scotiabank Emera Completes $750 Million Notes Offering for Strategic Flexibility Emera increased dividend 1% to 73.25c per share

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