Emera Incorporated (EMA) Earnings Call Transcripts

Emera Incorporated's Latest Earnings Call - May 21, 2026

Emera Incorporated reported a strong performance for the fiscal year 2025, achieving record earnings with adjusted net income exceeding $1 billion and adjusted EPS of $3.49, representing a 19% year-over-year increase. The company has maintained its commitment to a $20 billion capital investment plan through 2030, which is expected to drive rate base growth of 7% to 8%. Management signaled continued momentum into 2026, with a projected capital expenditure of approximately $4 billion across regulated utilities, aligning with their long-term growth objectives of 5% to 7% adjusted EPS growth.

Reported metrics

Guidance from management

Emera projects continued strong performance into 2026, with expectations to exceed the 5% to 7% adjusted EPS growth objective. The company plans to execute approximately $4 billion in capital expenditures across its regulated utilities.

What management said

Madam Chair, the scrutineers have provided their preliminary report. They are present at the meeting or represented by proxy approximately 159.4 million shares of the company. This represents 52.14% of the outstanding shares. The final report will be kept on file with the record of this meeting. .

Thank you very much, Jared. Now at this point, are there any questions from registered shareholders or proxy holders relating to these items of business? Again, I remind everyone that this is not the general question-and-answer portion of the meeting. That session will follow the formal business of the meeting and Scott's remarks. As noted earlier, you have the option to ask questions verbally and in writing through ...

What analysts pressed on

Analysts expressed concerns regarding the impact of rising operational costs and regulatory complexities on future profitability. There were also inquiries about the company's cybersecurity measures following past incidents and how they plan to mitigate such risks moving forward.

Main topics on the call

• Record Financial Performance — Emera delivered record earnings in 2025, with adjusted net income surpassing $1 billion and adjusted EPS at $3.49, a 19% increase year-over-year. Scott Balfour stated, "That performance exceeded the top end of our long-t...
• Capital Investment Plan — The company extended its $20 billion capital investment plan through 2030, which is expected to enhance system reliability and support growth. Management indicated, "Our investment plan is designed to meet critical needs...
• Customer Affordability Focus — Emera is balancing investment needs with customer affordability, emphasizing operational efficiencies to mitigate cost pressures. Balfour noted, "Affordability is not theoretical for us. It's operational."
• Cybersecurity Enhancements — Following a cybersecurity incident, Emera has engaged world-class consultants to strengthen its cybersecurity measures. Balfour stated, "We are relentless and continuing to strengthen our cybersecurity protections agains...

Read the full Emera Incorporated transcript (May 21, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 37 Emera Incorporated earnings call transcripts on record, spanning February 18, 2020 to August 7, 2026. Based on this history, Emera Incorporated reports quarterly. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EMA

Exchange

TSX

Country

CA

Sector

Utilities

Industry

Electric Utilities

Calls on record

37

First call

February 18, 2020

Most recent

August 7, 2026

Reporting cadence

quarterly