---
title: "Emera Q2 2026 adjusted net income slips as higher interest and FX losses outweigh PGS gains, Bear Swamp uplift"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295215389.md"
description: "Emera reported a decline in Q2 2026 adjusted net income to CAD 212 million from CAD 236 million, driven by higher interest expenses and significant foreign exchange losses. A CAD 88 million after-tax mark-to-market loss on corporate FX hedges and a CAD 19 million loss from the sale of Grand Bahama Power weighed on results. These negatives were partially offset by gains from new base rates at Tampa Electric and Peoples Gas, stronger off-system sales, and increased Bear Swamp equity earnings."
datetime: "2026-08-07T10:03:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295215389.md)
  - [en](https://longbridge.com/en/news/295215389.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295215389.md)
generator: "portal-rs"
---

# Emera Q2 2026 adjusted net income slips as higher interest and FX losses outweigh PGS gains, Bear Swamp uplift

-   Emera posted Q2 2026 net income attributable to common shareholders of CAD 105 million, down from CAD 135 million; adjusted net income fell to CAD 212 million from CAD 236 million. \* Results were weighed by a CAD 88 million after-tax mark-to-market loss versus a CAD 29 million loss, mainly tied to corporate FX hedges. \* Earnings also absorbed a CAD 19 million after-tax loss on the May sale of Grand Bahama Power, cutting quarterly contributions by CAD 7 million. \* Underlying performance benefited from new base rates at Tampa Electric and Peoples Gas, stronger off-system sales, higher Bear Swamp equity earnings, higher trading margin. \* Higher interest expense, corporate FX translation losses, weaker results at New Mexico Gas, softer quarterly trading results offset those gains; CAD strength cut net income by CAD 13 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Emera Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [EMA.US](https://longbridge.com/en/quote/EMA.US.md)

## Related News & Research

- [Emera Incorporated 1ST PFD SER F declares CAD 0.3593 dividend](https://longbridge.com/en/news/292484535.md)
- [Emera Incorporated 1ST PFD SER E declares CAD 0.2812 dividend](https://longbridge.com/en/news/292484536.md)
- [BioSyent GAAP EPS of C$0.25, revenue of C$19.87M](https://longbridge.com/en/news/296538491.md)
- [Kenny Choi Sells 50,000 Shares of Belo Sun Mining (TSE:BSX) Stock](https://longbridge.com/en/news/296763306.md)
- [First Trust Global Risk Managed Inc Index ETF declares CAD 0.05 dividend](https://longbridge.com/en/news/296824765.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**