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BRIEF-Emera Q4 Earnings Per Share C$1.09

Published 2021-02-16, 06:20 a/m
© Reuters.
EMA
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Feb 16 (Reuters) - Emera Inc EMA.TO :

* EMERA REPORTS 2020 FOURTH QUARTER AND ANNUAL FINANCIAL RESULTS; ANNOUNCES NET-ZERO CO2 VISION, DECARBONIZATION GOALS

* Q4 ADJUSTED EARNINGS PER SHARE C$0.75

* Q4 EARNINGS PER SHARE C$1.09

* Q4 EARNINGS PER SHARE ESTIMATE C$0.63 -- REFINITIV IBES DATA

* PROVIDED ANNUAL DIVIDEND GROWTH GUIDANCE OF FOUR TO FIVE PER CENT THROUGH TO 2022.

* IN 2020, ACHIEVED A 39% REDUCTION IN CO2 OVER 2005 LEVELS

* SEES 55% REDUCTION IN CARBON EMISSIONS BY 2025 COMPARED TO CORRESPONDING 2005 LEVELS

* SEES RETIREMENT OF LAST EXISTING COAL UNIT NO LATER THAN 2040.

* EMERA - $7.4 BILLION CAPITAL INVESTMENT PLAN OVER 2021-TO-2023 EXPECTED TO GENERATE RATE BASE GROWTH OF 7.5 % TO 8.5%THROUGH TO 2023

* SEES AT LEAST 80% REDUCTION IN CARBON EMISSIONS BY 2040 COMPARED TO CORRESPONDING 2005 LEVELS

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