Emera Inc. Profit Drops in Q2

Earnings
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Summary · why it matters

Emera Inc. reported a drop in second-quarter profit. Net income fell to C$105 million, or C$0.34 per share, from C$135 million, or C$0.45 per share, a year earlier. Adjusted earnings, which exclude certain items, came in at C$212 million, or C$0.69 per share. Revenue rose 1.2% to C$2.011 billion from C$1.988 billion.

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