Emera Inc. (EMA.TO) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's earnings came in at C$583 million, or C$1.96 per share. This compares with C$207 million, or C$0.73 per share, last year.
Excluding items, Emera Inc. reported adjusted earnings of C$379 million or C$1.28 per share for the period.
Analysts on average had expected the company to earn C$1.02 per share. Analysts' estimates typically exclude special items.
Emera Inc. earnings at a glance (GAAP) :
-Earnings: C$583 Mln. vs. C$207 Mln. last year.
-EPS: C$1.96 vs. C$0.73 last year.
For comments and feedback: editorial@rttnews.com