Report
Andrew Bischof, CFA, CPA
EUR 101.80 For Business Accounts Only

Emera Sees Headwind From Tax Reform; Reports Full-Year Results

We plan to lower our CAD 48 fair value estimate for Emera roughly CAD 2 per share after management disclosed the potential negative earnings impact from tax reform would be $25 million to $30 million annually, as the aftertax effect of the U.S. debt will negatively affect earnings. Our narrow economic moat and stable moat trend ratings stand. Emera reported full-year operating earnings of CAD 2.46 per share versus CAD 2.39 last year, excluding one-time items.
In January, Emera completed the Mari...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof, CFA, CPA

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch