Emera Inc. reported a second-quarter earnings miss, highlighting challenges amid its strategic initiatives.
Emera Inc. (EMA.TO) released its Q2 2026 earnings report on August 6, 2026, showing an adjusted EPS of $0.69, which is below the consensus estimate of $0.71. This represents a 2.8% earnings surprise to the downside, indicating pressures on the utility company's performance.
Recent earnings trend
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Emera Inc.
EMA.TO
EMA.TO
Emera Inc.
WealthAwesomeMarket cap
$20.89B
P/E
21.6x
Div. yield
4.30%
Div. / share
$2.92
52W high
$77.24
52W low
$62.83
1W change
+0.46%
Beta
0.43
Analyst Price Targets
Based on analyst covering EMA · as of Oct 2, 2026
Wall Street analysts forecast EMA stock price to rise 9.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$74.00
+9.1% Upside
Previously C$74.31 on Sep 23, 2026
Current Price
C$67.82
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EMA's historical volatility
30-Day Vol
15.1%
Annualized
90-Day Vol
15.3%
Annualized
Trend (90d)
-45.6%
Annualized drift
90d Mean
C$57.64
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$64.24 | C$60.97 – C$67.68 |
| 60 trading days | C$60.85 | C$56.52 – C$65.51 |
| 90 trading days | C$57.64 | C$52.65 – C$63.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 7 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-06 | — | 0.7000 | — |
| 2026-06-30 | 2026-08-06 | 0.6900 | 0.7100 | -2.8% |
| 2026-03-31 | 2026-05-06 | 1.3700 | 1.1988 | +14.3% |
| 2025-12-31 | 2026-02-23 | 0.5500 | 0.5800 | -5.2% |
| 2025-09-30 | 2025-11-07 | 0.8800 | 0.8600 | +2.3% |
| 2025-06-30 | 2025-08-08 | 0.7900 | 0.6500 | +21.5% |
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Investor takeaway: Keep an eye on Emera's strategic divestitures and operational performance. The recent earnings miss, combined with ongoing structural changes, could affect future growth and the sustainability of dividends.
Bull case
Emera's diverse portfolio in regulated utilities positions it well for long-term growth. Strong performance in areas like Tampa Electric and Peoples Gas could support a potential recovery.
Bear case
The recent earnings miss, along with rising operating costs and regulatory delays, raises concerns about Emera's ability to maintain its dividend and achieve its earnings growth targets in the near future.
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