Emera Inc

EMA: XTSE (CAN)
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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.

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