Today
Q1 2020 Highlights
Reported Net Income
Q1 2020 reported net income was
Adjusted Net Income (1)
Q1 2020 adjusted net income was
Significant Items Affecting Reported and Adjusted Net Income
Q1 2020 reported earnings included
Q1 2019 adjusted earnings included
Q1 2020 adjusted earnings were reduced by
Q1 2020 adjusted earnings included
Cash Flow
Q1 2020 cash flow, before changes in working capital, increased by
Non-GAAP Measures
Emera uses financial measures that do not have standardized meaning under USGAAP and may not be comparable to similar measures presented by other entities. Emera calculates the non-GAAP measures by adjusting certain GAAP and non-GAAP measures for specific items the Company believes are significant, but not reflective of underlying operations in the period. Refer to the Non-GAAP Financial Measures section of our Management's Discussion and Analysis ('MD&A') for further discussion of these items.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management's current beliefs and are based on information currently available to Emera management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera's assumptions may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera's securities regulatory filings, including under the heading 'Business Risks and Risk Management' in Emera's annual Management's Discussion and Analysis, and under the heading 'Principal Risks and Uncertainties' in the notes to Emera's annual and interim financial statements, which can be found on SEDAR at www.sedar.com.
About Emera
Contact:
Tel: 902-428-6945
Email: ken.mconie@emera.com
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