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Fortis (FTS) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 21:16
Fortis (FTS) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.08%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.47 per share when it actually produced earnings of $0.49, delivering a surprise of 4.26%.Over the last four quarters, the com ...
Fortis Inc. Releases Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-05 19:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its third quarter results.1 Highlights Third quarter net earnings of ...
Earnings Preview: Fortis (FTS) Q3 Earnings Expected to Decline
ZACKS· 2024-10-29 23:07
Fortis (FTS) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these key numbers are better than expe ...
Advisory: Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-29 04:35
ST. JOHN'S, Newfoundland and Labrador, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its third quarter 2024 financial results on Tuesday, November 5, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's third quarter financial results. Shareholders, analysts, me ...
Will Fortis (FTS) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-18 01:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Fortis (FTS) , which belongs to the Zacks Utility - Electric Power industry. When looking at the last two reports, this electric and gas utility has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.20%, on average, in the last two quarters. For the most recent quarter, Fortis was expected to post earnings of $0. ...
Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-08 04:35
文章核心观点 - 公司将于2024年11月5日发布2024年第三季度财务业绩 [1] - 公司将于同日召开电话会议和网络直播,由公司总裁兼首席执行官和执行副总裁兼首席财务官参与 [1] - 公司邀请股东、分析师、媒体和其他利益相关方参与电话会议和网络直播 [1] 公司概况 - 公司是北美受监管电力和天然气公用事业行业的多元化领导者 [3] - 2023年收入120亿美元,截至2024年6月30日总资产690亿美元 [3] - 公司有9,600名员工,为5个加拿大省、10个美国州和3个加勒比国家的客户提供公用事业服务 [3] - 公司股票在多伦多证券交易所和纽约证券交易所上市,交易代码为FTS [3]
Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
GlobeNewswire News Room· 2024-09-26 18:00
This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated September 19, 2023 to Fortis' short form base shelf prospectus dated November 21, 2022. ST. JOHN'S, Newfoundland and Labrador, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2025-2029 outlook1. Highlights 2025-2029 capital plan of $26 bil ...
Fortis: Preferreds Better Setup Than Common Shares For Higher Rates
Seeking Alpha· 2024-09-25 03:27
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Fortis Inc. Provides Standby Commitment to Caribbean Utilities Company, Ltd.
GlobeNewswire News Room· 2024-09-23 18:00
ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) announced today that its wholly owned subsidiary Fortis Energy Caribbean Inc. ("FECI") has agreed to provide a standby commitment (the "Standby Commitment") for a rights offering (the "Rights Offering") by Caribbean Utilities Company, Ltd. ("CUC") (TSX: CUP.U). Pursuant to the Rights Offering, CUC will issue up to an aggregate of 3,822,298 or 10% of its currently issued and o ...
Fortis Inc. Announces Closing of Offering of Senior Unsecured Notes
GlobeNewswire News Room· 2024-09-09 21:39
ST. JOHN'S, Newfoundland and Labrador, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Not for distribution to U.S. news wire services or dissemination in the United States. This news release constitutes a "designated news release" for the purposes of the Corporation's prospectus supplement dated September 19, 2023 to its short form base shelf prospectus dated November 21, 2022. Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that it has closed its offering by private placement (the "Offering"), p ...