Earnings ·
Emera Incorporated filed its unaudited condensed consolidated interim financial statements and management discussion…
EMICFEmera Inc
Emera Incorporated filed its unaudited condensed consolidated interim financial statements and management discussion and analysis for the six-month period ended June 30, 2026. The company reported adjusted net income of $627 million CAD ($2.06 adjusted EPS), compared to $615 million CAD in the prior year period. Net income attributable to common shareholders was $667 million CAD, impacted by a $19 million after-tax loss on the May 12, 2026 sale of Grand Bahama Power Company and unfavorable mark-to-market adjustments totaling $88 million in Q2. The filing confirms regulatory approval for the pending sale of New Mexico Gas Company, expected to close in August 2026. Emera declared a quarterly dividend of $0.7325 per common share. Emera is a North American provider of energy services, owning and operating a portfolio of cost-of-service, rate-regulated electric and gas utilities.