Analyst Consensus ?
ConsensusHold2 ratings
Bullish00.0%
Neutral2100.0%
Bearish00.0%
Emera Incorporated · EMA · FY2024 Q4 · Calendar Q1 2025
Emera reaffirms EPS growth target as capital investment and asset sales advance
The current analysis supports a constructive but conditional view: management describes demand growth, rate-case outcomes, capital investment, and balance-sheet actions that support the outlook, while FX, weather, regulatory, and transaction risks remain material.
Reported Before market openNYSEUtilities
$14.27B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.57
Consensus $0.47
EPS surprise
+22.5%
Reported versus consensus
Reported revenue
$1.99B
Consensus $1.81B
Revenue surprise
+9.7%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+1.8%
Event window
SPY move
-0.1%
Same window
Abnormal move
+1.9%
Stock minus SPY
Volume
0.9×
Versus trailing sessions
Subsequent drift
-2.6%
Up to 20 sessions
EMASPY benchmark
Ask FN2 about EMA FY2024 Q4
Transcript, numbers and history already loaded
Why did EMA rise 1.8% after beating EPS estimates in FY2024 Q4?What changed in EMA's guidance and outlook in FY2024 Q4?Give me the bull and bear case for EMA after FY2024 Q4 earnings.
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Transcript intelligence
What changed
Relative to the prior analysis, management continued to emphasize Florida growth and rising capital investment while highlighting further progress on asset sales, securitizations, credit metrics, rate cases, and solar capacity. The EPS growth outlook remained maintained.
Guidance delta
Management maintained its 5%-7% average annual EPS growth target through 2027.
Key takeaways
- Adjusted EPS met guidance and the company reaffirmed its 5%-7% EPS growth target through 2027.
- Record 2024 capital investment supported reliability, solar expansion, and rate-case successes.
- Strategic asset sales and securitizations strengthened the balance sheet and improved credit ratings.
- Florida population and economic growth are supporting electricity and gas demand, with potential data-center opportunities.
Management priorities
- Invest in reliability, solar expansion, and grid modernization through the five-year capital plan.
- Peoples Gas plans nearly $800 million of capital investment over the next two years and new rate filings.
- Continue solar expansion and explore data-center-related load opportunities in Florida.
- Finalize the New Mexico Gas transaction and advance strategic asset sales.
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Beat
Miss
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Analyst 52W Price Targets
$46.64Current
$52Low
$52.5Average
$53High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 7, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Barclays | Equal Weight | Equal Weight | Maintain | Aug 10, 2026 |
| CIBC | Neutral | Outperform | Downgrade | Aug 11, 2025 |
Named analyst price targets
Upside is calculated against the persisted current price $46.64. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Barclays | Michael Lonegan | $52 | $52.6 | +11.5% | May 11, 2026 |
| Barclays | Analyst unavailable | $53 | $52.7 | +13.6% | Apr 28, 2026 |
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Start freeCompany context
Snapshot as of publicationEmera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
Historical context
All EMA earningsLatest beats and misses
Who reports nextBeat on EPS
- RPMFY2027 Q1 · October 6, 2026+1.5% EPS+3.2% move
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-07T03:10:52.022523+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-07T03:10:52.019453+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-07. For educational purposes only; not investment advice.