ITC Holdings (ITC) Tops Q4 EPS by 1c

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Go back to ITC Holdings (ITC) Tops Q4 EPS by 1c

ITC Reports Fourth Quarter and Year Ended 2015 Results

February 25, 2016 6:30 AM EST

NOVI, Mich., Feb. 25, 2016 /PRNewswire/ --

Highlights

Full-year 2015 operating earnings of $2.08 per diluted common share; full-year 2015 reported earnings of $1.56 per diluted common share Fourth quarter 2015 operating earnings of $0.57 per diluted common share; fourth quarter 2015 reported earnings of $0.24 per diluted common share Full-year 2015 capital investments of $771.4 million Updated regulated operating company capital investment forecast to approximately $2.1 billion from $1.9 billion for 2016 through 2018 Announced acquisition of ITC by Fortis Inc. on February 9, 2016 valued at US$11.3 billion, including ITC consolidated debt, concluding the board's evaluation of strategic... More