{
  "id": 8419812,
  "title": "Emera’s (EMA) Big Growth Promise Meets A Rockier Quarter",
  "url": "https://urgent.news/2026/09/18/emeras-ema-big-growth-promise-meets-a-rockier-quarter",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T04:58:37.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/emera-ema-big-growth-promise-045837882.html"
  },
  "original_language": "en",
  "account": "Emera's (EMA) second-quarter results on August 7 revealed a mixed outlook. While adjusted earnings per share dropped from $0.79 a year ago to $0.69, the company remained confident in its long-term growth target, aiming to exceed its 5% to 7% annual growth range by 2026. Operating cash flow increased by 8% year-to-date, outpacing the first half of 2025, despite reported profit slipping. The company continued investing heavily in infrastructure, spending over $1.7 billion in the first half of the year, with a full $4 billion planned for 2026. Emera's portfolio simplification continued, with regulatory approval for the New Mexico Gas Company transaction and the May closing of Grand Bahama Power Company. Adjusted net income and net income fell due to higher interest expenses, foreign exchange losses, and reduced earnings from divested assets. Canadian utilities also faced challenges, with the Other segment's loss widening. Despite these hurdles, Emera's long-term growth plan remained unchanged, and the stronger Canadian dollar negatively impacted quarterly net income. The company's P/E ratio currently stands at 18.66, assuming growth without additional interest rate or currency surprises.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}