2024-06-03 11:24:46 ET
Summary
- Emera Incorporated's Q4 2023 results were disappointing, with earnings per share dragged down by multiple factors.
- The company's exorbitant payout ratio and high debt-to-EBITDA ratio have raised concerns among rating agencies.
- We look at the progression of asset sales and the EPS estimates and tell you how we would play this.
Note: All amounts discussed are in Canadian Dollars and references are made to the stock trading on the TSX. ...
Read the full article on Seeking Alpha
For further details see:
Emera: Payout Ratio Likely To Go Past 100% For The 6% Yielder