Emera Inc
EMA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ><& | LOCK|BH@?! | LOCK|C#x<ky |
Emera Earnings: Asset Sales Should Improve Strained Balance Sheet
We maintain our CAD 50 fair value estimate for narrow-moat Emera after the company reported second-quarter operating earnings per share of CAD 0.53 compared with CAD 0.60 in the same year-ago quarter. The company reaffirmed its 5%-7% earnings growth target through 2027, which we view as achievable.
