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Emera Q3 Adjusted EPS Declines, Unveils CA$21.5 Billion Capital Plan

Emera Q3 Adjusted EPS Declines, Unveils CA$21.5 Billion Capital Plan

MT newswireMT newswire2026/11/06 12:11
08:11 AM EST, 11/06/2026 (MT Newswires) -- Emera (EMA.TO, EMA) reported third quarter adjusted EPS of CA$0.85 on Friday, compared with CA$0.88, a year earlier. Analysts polled by FactSet expected EPS of CA$0.88. Total operating revenue decreased to CA$1.98 billion in the three months ended Sept. 30, 2026, compared with CA$2.11 billion, a year-ago. The company also introduced a five-year CA$21.5 billion capital plan, which it expects to drive 7.5% to 8.5% rate base growth through 2031. Florida represents about 82% of planned investment, with more than 94% of the capital plan focused on "reliability, resiliency and renewable investments," the company said. Shares of the company closed up 0.4% to CA$71.83 on Thursday on the Toronto Stock Exchange.
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