newsfilter
← Latest News
Business Wire·

Emera Reports 2026 Second Quarter Financial Results

TSX:EMATSX:EMA.PR.LTSX:EMA.PR.JTSX:EMA.PR.ETSX:EMA.PR.FTSX:EMA.PR.ATSX:MA.PR.HTSX:EMA.PR.BTSX:EMA.PR.CEMA
  • Emera reported Q2 2026 adjusted EPS of $0.69 & reported EPS of $0.34.
  • The company is positioned to exceed its 2026 adjusted EPS growth target of 5-7% & remains committed to that range through 2030.
  • Year-to-date operating cash flow increased 8% compared to the first six months of 2025.
  • More than $1.7 billion in customer-focused infrastructure investments were advanced in the first half of 2026, with the annual $4 billion capital plan on track.
  • Portfolio optimization concluded with regulatory approval for the New Mexico Gas transaction & the sale of Grand Bahama Power Company.
  • Q2 2026 adjusted net income was $212 million ($0.69 per share), down from $236 million ($0.79 per share) in Q2 2025.
  • Q2 2026 reported net income was $105 million ($0.34 per share), down from $135 million ($0.45 per share) in Q2 2025.
  • Year-to-date adjusted net income reached $627 million ($2.06 per share), up from $615 million ($2.07 per share) in 2025.
  • Year-to-date reported net income was $667 million ($2.19 per share), down from $718 million ($2.41 per share) in 2025.
  • A stronger Canadian dollar decreased net income by $13 million in Q2 2026 & $43 million year-to-date.
  • Florida Electric Utility adjusted net income rose to $261 million for the quarter & $441 million year-to-date.
  • Gas Utilities & Infrastructure adjusted net income increased to $55 million for the quarter & $191 million year-to-date.
  • Corporate segment showed lower earnings due to increased interest expense & foreign exchange losses.
  • The company will host a teleconference on Friday, August 7, 2026, at 9:30 a.m. Atlantic time to discuss results.