Emera Incorporated (TSE:EMA) has released an update.
Emera Incorporated experienced a decrease in quarterly and annual adjusted earnings per share in 2023, attributed in part to the prior year’s litigation award and higher interest rates. Despite the challenges, the company reported a significant increase in operating cash flow and continued investments in cleaner energy projects. President and CEO Scott Balfour highlighted the company’s improved cash flow, consistent growth in adjusted EPS over the past three years, and projected rate base growth driven by investments in reliability and clean energy.
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