trending Market Intelligence /marketintelligence/en/news-insights/trending/bvxLLZao4c-WvcFymVyfgA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Emera Q2 adjusted earnings rise YOY, beating analyst estimates

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment


Emera Q2 adjusted earnings rise YOY, beating analyst estimates

Emera Inc. on Aug. 12 reported second-quarter 2019 adjusted net income of C$130 million, or 54 Canadian cents per basic share, improving from C$111 million, or 48 Canadian cents basic per share, in the year-ago quarter.

The S&P Global Market Intelligence normalized consensus EPS estimate for the quarter was 52 Canadian cents.

Year-to-date operating cash flow, before changes in working capital, totaled C$775 million, from C$767 million in the 2018 period.

GAAP net income attributable to common shareholders grew to C$103 million, or 43 Canadian cents per basic share, from C$90 million, or 38 Canadian cents per basic share, a year earlier.

"We have made significant progress on strengthening our balance sheet and optimizing our allocation of capital among our businesses," Emera President and CEO Scott Balfour said. "While near-term earnings will be impacted by asset sales, these efforts reinforce our confidence to deliver long-term earnings and dividend growth for our shareholders."