Emera Inc (EMA) Expected to Earn FY2020 Earnings of $2.79 Per Share
Emera Inc (TSE:EMA) – Investment analysts at National Bank Financial reduced their FY2020 earnings per share (EPS) estimates for Emera in a report released on Monday, May 13th. National Bank Financial analyst P. Kenny now anticipates that the company will earn $2.79 per share for the year, down from their previous forecast of $2.81. National Bank Financial currently has a “Sector Perform” rating and a $52.00 target price on the stock.
Emera (TSE:EMA) last issued its earnings results on Friday, May 10th. The company reported C$0.95 EPS for the quarter, beating analysts’ consensus estimates of C$0.84 by C$0.11. The firm had revenue of C$1.82 billion during the quarter, compared to the consensus estimate of C$1.77 billion.
Shares of EMA opened at C$51.10 on Thursday. The company has a debt-to-equity ratio of 187.03, a current ratio of 0.69 and a quick ratio of 0.52. The company has a market cap of $11.97 billion and a price-to-earnings ratio of 15.96. Emera has a 52 week low of C$38.09 and a 52 week high of C$51.18.
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company is also involved in gas transmission and utility energy services businesses; and the provision of energy marketing, trading, and other energy asset management services.
Featured Story: What is an SEC Filing?
Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.