Emera Inc
EMA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W<n | LOCK|BL&bZ | LOCK|T$#k!@# |
Emera Earnings: Strong Storm Response Supports Continued Grid Investment
We are maintaining our CAD 50 fair value estimate for narrow-moat Emera after the company reported third-quarter operating earnings per share of CAD 0.81 compared with CAD 0.75 in the same year-ago quarter. Management reaffirmed its 5% to 7% earnings growth target through 2027, which we view as achievable.
