Fortis (NYSE: FTS) reported Q4 EPS of $0.64, versus $0.51 reported last year.

"Fortis had another year of transformation in 2016," said Barry Perry, President and Chief Executive Officer, Fortis. "We announced and quickly closed the acquisition of ITC, the largest independent electric transmission company in the United States, and listed on the New York Stock Exchange, allowing Fortis to access the largest pool of capital in the world. We also received constructive regulatory decisions in a number of jurisdictions, which position us well for continued regulatory stability."

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